Cryptocurrency payments giant MoonPay has acquired Solana-based payment processor Helio.
Helio, known as Solana (Sol) The leading payment processor, processed more than $1.5 billion worth of transactions in just three years.
according to Fox BusinessThe acquisition cost MoonPay about $175 million. The deal will allow MoonPay to integrate Helio's technology, strengthening its position as a bridge between traditional finance and decentralized finance.
MoonPay operates as a global cryptocurrency payments platform that enables users to buy, sell and manage digital assets. The platform has gained significant traction during the ongoing bull market.
Recent MoonPay Partnerships
Last year, MoonPay was founded Partnerships with PayPal and VenmoAllowing users to purchase cryptocurrencies through traditional payment services. The platform also supports cryptocurrency payments on e-commerce sites like Shopify and social platforms like Discord.
These collaborations have simplified the onboarding process for new users, allowing for seamless cryptocurrency purchases and interactions Decentralized finance Apps and NFTs.
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