MoonPay acquires Helio for $175m to boost crypto offerings

Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana’s ( SOL ) leading payment processor, has powered over $1.5 billion in transactions in just three years. According to Fox Business , the acquisition cost MoonPay approximately $175 million. The deal will allow MoonPay to integrate Helio’s technology, further strengthening its position as a bridge between traditional finance and decentralized finance. breaking news: we’ve acquired @helio_pay pic.twitter.com/k3Nw9XfvOo — MoonPay 🟣 (@moonpay) January 13, 2025 MoonPay operates as a global crypto payments platform that enables users to buy, sell, and manage digital assets. The platform has gained significant traction during the ongoing bull market. You might also like: Semler Scientific buys more Bitcoin, raising holdings to 2,321 BTC MoonPay’s recent partnerships Last year, MoonPay formed partnerships with PayPal and Venmo , allowing users to purchase cryptocurrencies through traditional payment services. The platform also supports crypto payments on e-commerce sites like Shopify and social platforms like Discord. These collaborations have simplified onboarding for new users, allowing seamless crypto purchases and interaction with DeFi applications and NFTs.