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crypto payments giant MoonPay has acquired Solana-based payment processor Helio.
Helio, known as Solana's (SOL) leading payment processor, has driven more than $1.5 billion in transactions in just three years.
According <a target="_blank" href="https://www.foxbusiness.com/markets/moonpay-acquires-helio-175m-expand-crypto-payments-infrastructure” target=”_blank” rel=”nofollow”>fox businessThe acquisition cost MoonPay approximately $175 million. The deal will allow MoonPay to integrate Helio's technology, further strengthening its position as a bridge between traditional finance and decentralized finance.
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MoonPay operates as a global crypto payments platform that allows users to buy, sell and manage digital assets. The platform has gained significant traction during the ongoing bull market.
Recent MoonPay Partnerships
Last year, MoonPay partnered with PayPal and Venmo, allowing users to purchase cryptocurrencies through traditional payment services. The platform also supports crypto payments on e-commerce sites like Shopify and social platforms like Discord.
These collaborations have simplified the onboarding of new users, enabling seamless crypto purchases and interaction with DeFi and nft applications.
