Cryptocurrency Payment Company MoonPay Acquires Helio for Approximately 256.9 Billion Won... "Expanding Payment Infrastructure"
Minseung Kang
Summary
- MoonPay announced the acquisition of Helio for $175 million, marking the largest acquisition they have undertaken so far.
- Through this acquisition, MoonPay plans to strengthen its payment infrastructure.
- Experts say this acquisition could be a signal for mergers under the pro-cryptocurrency policies pursued by the Trump Administration.
Miami-based cryptocurrency payment company MoonPay has announced the acquisition of blockchain payment specialist Helio. Helio provides cryptocurrency transaction capabilities on platforms like Shopify and Discord.
According to Fox Business on the 13th, MoonPay announced the acquisition of Helio for $175 million. This acquisition is the largest ever undertaken by MoonPay. Through this acquisition, MoonPay plans to strengthen its payment infrastructure.
The media stated, "MoonPay's acquisition of Helio could be a signal for many mergers under the Trump Administration, which advocates pro-cryptocurrency policies."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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