MoonPay plans to acquire North Capital, an SEC-registered company, in an all-stock transaction valued at $60 million, according to CoinDesk. The deal is tied to MoonPay’s strategy of expanding support for the mass adoption of tokenized real-world assets. MoonPay CEO Ivan Soto-Wright said the acquisition would support that objective. The transaction places North Capital within MoonPay’s broader focus on tokenized real-world assets, an area relevant to the digital-asset market and projects associated with real-world-asset infrastructure. No further transaction terms were provided in the source material. The announcement is relevant to crypto-market participants tracking companies and protocols connected with the development and adoption of tokenized assets.
