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MoonPay Considering $150,000,000 Acquisition of Crypto Payment Firm Helio: Report

MoonPay Considering $150,000,000 Acquisition of Crypto Payment Firm Helio: Report

Daily HodlDaily Hodl2024/12/24 16:00
By:by Daily Hodl Staff

The web3 infrastructure provider MoonPay is reportedly mulling a $150 million acquisition of the crypto payments provider Helio.

Fox Business reporter Eleanor Terrett reports that MoonPay is in talks over the deal, which would represent the crypto firm’s largest acquisition.

Helio aims to make “accepting crypto payments effortless for merchants and apps worldwide.” The payment provider supports major chains including Solana ( SOL ), Ethereum ( ETH ), Bitcoin ( BTC ), and Base.

“We power crypto checkouts for +6,000 merchants apps, and millions of unique active wallets.

You can self-serve to set up a Helio merchant account in minutes get paid instantly for E-commerce, pre-sales, subscriptions digital products in USDC, SOL, ETH, BTC 100s of digital assets.”

In June, the crypto payments firm launched a Solana Pay plugin for the e-commerce giant Shopify, enabling buyers to use SOL and hundreds of other crypto assets with automatic swaps to stablecoins.

MoonPay bills itself as the “world’s leading” web3 infrastructure firm.

“We provide end-to-end solutions for payments, enterprise-scale smart contract development, and digital asset management. Many of the world’s most iconic brands rely on MoonPay to power their Web3 strategies and ideas.”

The crypto firm has more than 20 million verified accounts and is supported in 180 countries.

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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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