- Helio is a blockchain-based platform constructed on Solana
- Up to now, now we have processed over $1.5 billion in transactions and assist over 6,000 retailers.
- Helio integrates with platforms like Discord, Shopify, WooCommerce, and extra
Cryptocurrency funds platform MoonPay has acquired Helio, a blockchain-based platform constructed on Solana, for a reported $175 million.
Ivan Soto-Wright, co-founder and CEO of MoonPay, posted the announcement on X and added: “2025 goes to be a fair larger yr. The acquisition is HelioPay.”
Fox Enterprise reported that the acquisition worth was $175 million.
Breaking information: Acquired @helio_pay pic.twitter.com/k3Nw9XfvOo
— MoonPay 🟣 (@moonpay) January 13, 2025
In line with a press launch, the acquisition of Helio brings the corporate's know-how, workforce, and ecosystem into MoonPay's portfolio.
“This acquisition is a vital step in advancing our imaginative and prescient for the way forward for funds,” Sotorite mentioned. “Helio’s know-how and experience strengthens our skill to supply environment friendly, safe and scalable options for cryptocurrency commerce, buying and selling infrastructure and markets. We now have probably the most complete providing for funds.”
Helio has already processed over $1.5 billion in transactions, integrates with platforms like Discord, Shopify, and WooCommerce, and helps over 6,000 retailers.
MoonPay receives MiCA approval
MoonPay secured a Market in Cryptocurrency (MiCA) license within the Netherlands in December. By doing so, MoonPay will be capable of provide its companies and merchandise all through Europe.
The granting of the MiCA license is a serious milestone for MoonPay because it means growth throughout a big market the place extra persons are utilizing cryptocurrency funds.
In June, MoonPay built-in with PayPal for OnRamp crypto purchases within the UK and US. MoonPay additionally partnered with Ledger final April to supply Ledger Dwell customers the power to immediately buy cryptocurrencies.
