MoonPay targets $8.7B trading venue, but the features remain unrevealed
Summary
MoonPay agreed to acquire North Capital Investment Technology, subject to regulatory approval and other closing conditions. The deal would add North Capital’s broker-dealer, investment-advisory business and PPEX alternative trading system for eligible private and exempt securities, including tokenized securities. The companies disclosed neither a purchase price nor a firm closing date. MoonPay has not announced whether or when its customers will gain access to these services, or what eligibility and product terms would apply.
