MoonPay to acquire North Capital, adding $8.7 billion securities infrastructure

  • MoonPay agreed to acquire North Capital Investment Technology, expanding its regulated private-markets infrastructure.
  • North Capital’s platform has facilitated more than $8.7 billion in primary and secondary transactions.
  • Both boards approved the transaction, which remains subject to regulatory approvals and customary closing conditions.

MoonPay has signed a definitive merger agreement to acquire North Capital Investment Technology, a provider of technology and regulated brokerage services for private markets. Once completed, North Capital will become a wholly owned MoonPay subsidiary, adding securities brokerage, investment advisory, clearing, custody, escrow and secondary-trading capabilities to MoonPay’s financial infrastructure. Reports value the all-stock transaction at more than $60 million, although the companies did not disclose financial terms. North Capital’s platform has facilitated more than $8.7 billion in primary and secondary transaction volume, while its PPEX alternative trading system supports more than 1,250 approved assets. North Capital also operates SEC-registered broker-dealers, an alternative trading system, a transfer agent and an investment adviser. The deal follows MoonPay’s work with PayPal and M0 on a platform for companies building stablecoin-based products and reflects wider efforts to support tokenized real-world assets. Both boards unanimously approved the transaction, which remains subject to regulatory approvals and customary closing conditions.

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