- Helio is a blockchain-based platform constructed on Solana
- It has dealt with over $1.5 billion in transactions and helps over 6,000 retailers
- Helio integrates with platforms like Discord, Shopify, and WooCommerce
Moonpay, a crypto funds platform, has reportedly acquired Helio, a blockchain-based platform constructed on Solana, for $175 million.
Evan Soto-Wright, Co-Founder and CEO moonpayPosted the announcement on xIncluding that “2025 goes to be (an) even greater (12 months), and we’re beginning it off with a bang with the acquisition of Heliopay.”
fox business It was reported that the acquisition was for $175 million.
Breaking Information: We now have acquired @helio_pay pic.twitter.com/k3Nw9XfvOo
– Moonpay 🟣 (@moonpay) 13 January 2025
based on a Press releaseThe acquisition of Helio brings its expertise, workforce and ecosystem to Moonpay’s portfolio.
“This acquisition is a crucial step ahead in advancing our imaginative and prescient for the way forward for funds,” Soto-Wright stated. “Helio’s expertise and experience strengthen our potential to ship environment friendly, safe and scalable options for crypto commerce, buying and selling infrastructure and marketplaces. “With Moonpay and Helio mixed, we now provide essentially the most complete product for on-chain funds.”
Helio has already dealt with over $1.5 billion in transactions, integrates with platforms like Discord, Shopify, and WooCommerce and helps over 6,000 retailers.
Moonpay receives MiCA approval
In December, Moonpay has secured its Market in Crypto Assets (MiCA) license in the NetherlandsBy doing so, Moonpay can provide its providers and merchandise throughout Europe.
The granting of the MiCA license is a significant milestone for Moonpay because the approval means growth into a bigger market the place extra persons are benefiting from crypto funds.
In June, MoonPay integrated with PayPal To on-ramp crypto purchases within the UK and US. Moonpay also partnered with Ledger Final April to deliver on the spot crypto purchases to its Ledger Stay customers.
