MoonPay has acquired Solana-based payment processor Helio for $175 million to enhance crypto payment services.
MoonPay, a fiat-to-crypto on-ramp provider, has acquired Helio, a blockchain-based payment processor built on Solana, in a $175 million deal to expand its payments infrastructure.
Helio, known for its crypto checkout platform, enables businesses to accept payments in digital assets, such as Bitcoin (BTC), Ether (ETH), Solana’s SOL (SOL) and USD Coin (USDC).
According to a press release, the acquisition expands MoonpPay’s infrastructure by incorporating Helio’s technology to improve the efficiency of crypto payments for merchants and marketplaces.
