MoonPay to buy North Capital in all-stock deal worth over $60M

MoonPay, a crypto payments company, has agreed to acquire North Capital, a private-markets infrastructure provider, in an all-stock deal worth over $60 million. The acquisition allows MoonPay to expand into regulated US securities infrastructure, enabling the issuance, custody, and secondary trading of private securities, including tokenized securities.

North Capital, based in Midvale, Utah, offers broker-dealers, an alternative trading system (ATS), a transfer agent, and an investment adviser, all registered with the US Securities and Exchange Commission. The deal is subject to regulatory approvals and other customary closing conditions. This acquisition is part of MoonPay's ongoing expansion beyond crypto payments, with recent purchases including key management company Sodot, trading infrastructure platform DFlow, and AI finance operations platform Entendre.

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