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MoonPay Buys Helio Pay for $175M

MoonPay Buys Helio Pay for $175M

Altcoinbuzz2025/01/14 22:22
By: By Victor -Lawrence Mike Woriji -
BTC-0.58%SOL-2.15%XRP-0.05%
MoonPay, a leading bridge between traditional finance and decentralized finance (DeFi), has acquired Helio Pay for a whopping $175 million

This bold move unites two major players in financial technology. Together, they aim to redefine the future of payments.

In just three years, Helio Pay has made a name for itself as Solana’s go-to payment processor. The platform has powered over $1.5 billion in transactions, becoming a cornerstone of Solana’s payment ecosystem.

MoonPay and Helio Join Forces to Improve Crypto Payment

MoonPay’s acquisition of Helio Pay isn’t just about adding another feather to its cap. With its global reach, strong regulatory foundation, and powerful brand, MoonPay aims to supercharge Helio’s growth. By joining forces, the two companies hope to create a seamless payment experience that bridges the gap between traditional and decentralized financial systems.

“This acquisition represents an incredible opportunity,” said a MoonPay spokesperson. “We’re combining Helio’s expertise with MoonPay’s unmatched position in the market to push the boundaries of what’s possible in payments.”

breaking news: we’ve acquired @helio_pay pic.twitter.com/k3Nw9XfvOo

— MoonPay 🟣 (@moonpay) January 13, 2025

MoonPay has established itself as a trusted player in the crypto world, offering users an easy way to buy and sell digital assets. Helio Pay, on the other hand, specializes in facilitating payments on Solana, known for its speed and low transaction costs.

More About Moon Pay

MoonPay and Ripple have teamed up to support the Los Angeles Fire Department (LAFD) Foundation with a generous $50,000 donation in RLUSD. This contribution aims to bolster the foundation’s efforts in combating the raging fires across Los Angeles.

MoonPay and @Ripple have made a joint donation of $50,000 of RLUSD to the @LAFDFoundation in support of their efforts to fight the fires across Los Angeles 🙏

— MoonPay 🟣 (@moonpay) January 10, 2025

By combining their resources, MoonPay and Ripple are not only demonstrating their commitment to the community but also showcasing the practical use of digital assets in addressing real-world challenges.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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