Digital currency payments enterprise MoonPay is prepared to purchase private-markets investment network North Capital to bolster its asset tokenization initiatives, as stated in a Wednesday press release.
Headquartered in Salt Lake City, Utah, North Capital manages approximately $9 billion in primary and secondary transaction volume through its network and will operate as a fully owned subsidiary of MoonPay after the transaction concludes, pending regulatory clearance.
Insiders familiar with the situation informed CoinDesk that the all-stock transaction carries a valuation exceeding $60 million.
Chief Executive Officer and founder Ivan Soto-Wright explained that the acquisition supports MoonPay’s objective of “building the regulatory foundation to support mass adoption of tokenized real-world assets.”
Soto-Wright further noted, “We believe bringing those capabilities into the MoonPay ecosystem can help connect different parts of the financial system through modern, programmable infrastructure.”
North Capital supplies technological architecture for tokenizing securities belonging to private issuers and fund administrators, facilitating capital collection, portfolio management, clearing operations, custody services, and secondary market execution.
Subsidiaries of North Capital maintain necessary broker-dealer, trading, transfer, and investment advisory credentials issued by the United States Securities and Exchange Commission (SEC).
MoonPay has broadened its operations beyond its foundational crypto payment services over recent months, launching its Trade platform to link banking institutions and fintech entities with tokenized instruments, decentralized finance protocols, and stablecoin liquidity.
Originally published at https://www.coindesk.com/business/2026/09/23/moonpay-to-acquire-sec-registered-north-capital-in-usd60-million-all-stock-deal.
