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"MoonPay in Talks to Acquire Helio for $150 Million"

Source
JH Kim
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Summary

  • MoonPay is reportedly in negotiations to acquire Helio for $150 million.
  • This is expected to be MoonPay's largest acquisition to date.
  • The acquisition signifies an expansion of MoonPay's business as a cryptocurrency payment company.

Eleanor Terrett, a Fox Business reporter, reported on the 23rd (local time) via her X (formerly Twitter) that the cryptocurrency payment company MoonPay is in negotiations to acquire Helio.

The acquisition is valued at approximately $150 million, which would be MoonPay's largest acquisition to date.

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JH Kim

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