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MoonPay Agrees To Buy North Capital In Push Into Tokenized Securities

Bitcoinist
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MoonPay Agrees To Buy North Capital In Push Into Tokenized Securities

TL;DR MoonPay has signed a definitive agreement to acquire private-markets infrastructure company North Capital. North Capital brings registered broker-dealers, an alternative trading system, transfer-agent operations and investment-advisory infrastructure. The acquisition has been agreed but has not yet closed. MoonPay is making a much bigger move into regulated securities infrastructure. The crypto payments company has entered […]

Key Takeaways

  1. TL;DR MoonPay has signed a definitive agreement to acquire private-markets infrastructure company North Capital.
  2. North Capital brings registered broker-dealers, an alternative trading system, transfer-agent operations and investment-advisory infrastructure.
  3. The acquisition has been agreed but has not yet closed.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.