MoonPay Agrees to Buy North Capital, Adding Securities Infrastructure

MoonPay has reached an agreement to acquire securities firm North Capital in an all-stock deal, sources told CoinDesk. The parties have not publicly disclosed detailed terms, but the sources estimated the transaction to be worth in excess of $60 million. The arrangement remains contingent on obtaining required regulatory approvals.

The purchase brings securities infrastructure into MoonPay's portfolio, expanding the company's operations beyond its core payments and crypto on-ramp services. By integrating a firm that operates in regulated securities markets, MoonPay would gain capabilities tied to issuance, custody, or brokerage workflows associated with traditional securities — areas North Capital is known for.

Because regulators must sign off on the transaction, the timeline and final structure could still change. The deal being all-stock means MoonPay would compensate North Capital shareholders with equity rather than cash, though specific ownership stakes were not reported in the sources cited.

No further comment was included in the source report about management plans, integration details, or responses from either company. The deal's completion will depend on the outcome of the regulatory review and any conditions the authorities impose.