MoonPay Acquires Helio for $175 Million to Enhance Crypto Payments
MoonPay has acquired Helio, a blockchain payment processor on the Solana network, for $175 million. This acquisition aims to enhance MoonPay's digital asset payment infrastructure.
Key Points
- The deal will improve transaction solutions for merchants globally.
- Helio is known for its crypto checkout platform, supporting payments in various digital assets.
- Helio has processed over $1.5 billion in transactions and supports over 6,000 merchants.
- Integration with tools like Discord, Shopify, and WooCommerce will enhance MoonPay's service offerings.
- This acquisition aligns with MoonPay’s strategy to expand in the global crypto ecosystem.
- In December 2024, MoonPay obtained a license to operate as a regulated crypto business in the Netherlands.
- MoonPay previously acquired Web3 creative studio Nightshift and launched the Hypermint platform in 2022.