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MoonPay’s $175M Bet: Acquires Helio to Redefine Crypto Payments
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MoonPay Acquires Helio in $175M Deal to Boost Blockchain Payments
MoonPay, a leading crypto payments platform, has acquired blockchain payment processor Helio for $175 million in its largest deal to date, according to FOX Business. The acquisition marks a strategic move to expand its infrastructure, integrating Helio’s technology to facilitate crypto payments on platforms like Shopify and Discord.
This unannounced acquisition could signal the beginning of a wave of mergers and acquisitions in the crypto space, fueled by the pro-crypto stance of the incoming Trump administration.
“By joining forces with MoonPay, we’re excited to accelerate our mission to unlock crypto’s potential, replacing slow and costly merchant payments with fast, affordable, and decentralized solutions,” said Stijn Paumen, CEO and co-founder of Helio.
Helio’s expertise complements MoonPay’s existing partnerships with payment giants PayPal and Venmo, which allow users to buy cryptocurrency through their platforms. These collaborations, along with the acquisition, underscore the rising influence of decentralized finance (DeFi), a movement aiming to revolutionize traditional payment systems by leveraging blockchain technology for faster and cheaper transactions.
“This acquisition is a pivotal step toward advancing our vision for the future of payments,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “With Helio’s technology and expertise, we’re positioned to deliver efficient, secure, and scalable solutions for crypto commerce, trading infrastructure, and marketplaces. Together, MoonPay and Helio offer the most comprehensive product for on-chain payments.”
The deal arrives as the crypto industry anticipates a friendlier regulatory environment under President-elect Donald Trump. Following years of stricter regulations under the Biden administration, which pushed many U.S. crypto firms offshore, Trump has pledged to make the U.S. the “crypto capital of the planet” by reducing regulatory burdens.
Observers predict Trump’s pro-business agenda will spur renewed activity in corporate mergers and acquisitions, particularly in the $3.5 trillion crypto sector, as well as in banking and media.
