- Helio is a blockchain-based platform built on Solana
- It has handled more than $1.5 billion in transactions and supports over 6,000 merchants
- Helio integrates with platforms such as Discord, Shopify, and WooCommerce
MoonPay, a crypto payments platform, has acquired Helio, a blockchain-based platform built on Solana, for a reported $175 million.
Ivan Soto-Wright, co-founder and CEO of MoonPay, posted the announcement on X, adding that “2025 is going to be [an] even bigger [year], and we’re kicking it off with a bang [with] the acquisition is HelioPay.”
Fox Business reported the acquisition was for $175 million.
breaking news: we’ve acquired @helio_pay pic.twitter.com/k3Nw9XfvOo
— MoonPay (@moonpay) January 13, 2025
According to a press release, the acquisition of Helio brings its technology, team, and ecosystem into MoonPay’s portfolio.
“This acquisition is an important step in advancing our vision for the future of payments,” said Soto-Wright. “Helio’s technology and expertise strengthen our ability to deliver efficient, secure, and scalable solutions for crypto commerce, trading infrastructure, and marketplaces. With MoonPay and Helio combined, we now offer the most comprehensive product for on-chain payments.”
Helio has already handled more than $1.5 billion in transactions, integrates with platforms such as Discord, Shopify, and WooCommerce, and supports over 6,000 merchants.
MoonPay receives MiCA approval
In December, MoonPay secured its Markets in Crypto Assets (MiCA) license in the Netherlands. By doing so, MoonPay can offer its services and products across Europe.
The granting of the MiCA license is a massive milestone for MoonPay as the approval means expansion across a large market where more people are tapping into crypto payments.
In June, MoonPay integrated with PayPal for on-ramp crypto purchases in the UK and the US. MoonPay also partnered with Ledger last April to bring instant crypto purchases to its Ledger Live users.
Credit: Source link
