- Helio is a blockchain-based platform constructed on Solana
- It has processed greater than $1.5 billion in transactions and helps greater than 6,000 retailers
- Helio integrates with platforms like Discord, Shopify, and WooCommerce
MoonPay, a crypto-payment platform, 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, including that “2025 goes to be (an) even larger (yr), and we're kicking it off with a bang (with) the acquisition of HelioPay.”
Fox Enterprise reported that the acquisition was for $175 million.
breaking information: we now have acquired @helio_pay pic.twitter.com/k3Nw9XfvOo
— MoonPay 🟣 (@moonpay) January 13, 2025
In line with a press launch, the acquisition of Helio brings its expertise, crew and ecosystem to the MoonPay portfolio.
“This acquisition is a crucial step in advancing our imaginative and prescient for the way forward for funds,” stated Soto-Wright. “Helio's expertise and experience strengthen our capability to ship environment friendly, safe and scalable cryptocurrency buying and selling, buying and selling infrastructure and market options. With the mixture of MoonPay and Helio, we now provide probably the most complete fee product on the chain.”
Helio has already processed greater than $1.5 billion in transactions, integrates with platforms like Discord, Shopify, and WooCommerce, and helps greater than 6,000 retailers.
MoonPay will get MiCA approval
In December, MoonPay secured its Markets in Crypto Belongings (MiCA) license within the Netherlands. MoonPay can thus provide its providers and merchandise all through Europe.
The granting of the MiCA license is a big milestone for MoonPay, because the approval marks an enlargement into a big market the place extra individuals are utilizing crypto funds.
In June, MoonPay built-in with PayPal for on-ramp cryptocurrency purchases within the UK and US. MoonPay additionally partnered with Ledger final April to convey on the spot cryptocurrency purchases to Ledger Reside customers.
