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Why MoonPay Wanted a 27-Year-Old Utah Broker

BeInCrypto
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Why MoonPay Wanted a 27-Year-Old Utah Broker

MoonPay is buying North Capital, a Utah broker that has quietly handled private stock deals since 1999. The prize is not the technology. It is the US securities licenses MoonPay has been borrowing from partners. Terms were not disclosed. The agreement, announced Wednesday, still needs regulatory sign-off before it closes. MoonPay’s Push to Tokenization Only The post Why MoonPay Wanted a 27-Year-Old Utah Broker appeared first on BeInCrypto.

Key Takeaways

  1. MoonPay is buying North Capital, a Utah broker that has quietly handled private stock deals since 1999.
  2. The prize is not the technology.
  3. It is the US securities licenses MoonPay has been borrowing from partners.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.