MoonPay to Acquire North Capital for More Than $60 Million

MoonPay plans to acquire North Capital for more than $60 million to expand its tokenized

MoonPay plans to acquire private-markets investment platform North Capital in an all-stock transaction valued at more than $60 million, expanding the crypto payments company's presence in tokenized real-world assets.

According to Wu Blockchain, MoonPay said the transaction remains subject to regulatory approval. If completed, North Capital will become a wholly owned subsidiary of MoonPay.

The acquisition would bring North Capital's private-markets infrastructure and regulatory capabilities under MoonPay as the company expands its activities beyond cryptocurrency payments and into tokenized real-world assets.

North Capital Has Processed $9 Billion in Transactions

North Capital has processed approximately $9 billion in primary and secondary market transactions, according to the information shared by Wu Blockchain.

Its affiliates hold relevant registrations with the U.S. Securities and Exchange Commission and provide infrastructure covering several parts of private-market transactions. Those services include securities tokenization, fundraising, asset management, clearing, custody and secondary trading.

The platform's existing operations give MoonPay access to infrastructure spanning multiple stages of the securities lifecycle. The companies have not indicated that the acquisition has already received the regulatory approvals required for completion.

MoonPay Expands Into Tokenized Real-World Assets

MoonPay said the acquisition will support its expansion into tokenized real-world assets, a category that involves representing ownership or financial interests in traditional assets through blockchain-based systems.

The proposed deal would therefore extend MoonPay's business into infrastructure associated with regulated securities and private markets. North Capital's existing capabilities in tokenization and related financial services would become part of MoonPay's operations if the transaction closes.

The all-stock structure means the reported value of more than $60 million is based on the shares involved in the transaction rather than a cash purchase price.

Regulatory Approval Remains a Condition

The transaction is not yet complete. MoonPay and North Capital must obtain the required regulatory approval before the acquisition can close.

North Capital would operate as a wholly owned MoonPay subsidiary following completion, according to the terms outlined in the announcement. markets Its existing infrastructure includes services for fundraising, custody and secondary trading in addition to tokenization.

For MoonPay, the proposed acquisition represents a move deeper into the infrastructure supporting tokenized securities. The next defined step is regulatory review before North Capital can formally become part of the MoonPay group.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.