- Helio is a blockchain-based platform constructed on Solana
- It has treated greater than $1.5 billion in transactions and helps over 6,000 traders
- Helio integrates with platforms reminiscent of Discord, Shopify, and WooCommerce
MoonPay, a crypto bills platform, has bought Helio, a blockchain-based platform constructed on Solana, for a reported $175 million.
Ivan Soto-Wright, co-founder and CEO of MoonPay, posted the announcement on X, including that “2025 goes to be [an] even larger [year], and we’re kicking it off with a bang [with] the purchase is HelioPay.”
Fox Trade reported the purchase was once for $175 million.
breaking information: we’ve bought @helio_pay percent.twitter.com/k3Nw9XfvOo
— MoonPay 🟣 (@moonpay) January 13, 2025
Consistent with a press liberate, the purchase of Helio brings its generation, staff, and ecosystem into MoonPay’s portfolio.
“This acquisition is a very powerful step in advancing our imaginative and prescient for the way forward for bills,” mentioned Soto-Wright. “Helio’s generation and experience enhance our talent to ship environment friendly, safe, and scalable answers for crypto trade, buying and selling infrastructure, and marketplaces. With MoonPay and Helio mixed, we now be offering essentially the most complete product for on-chain bills.”
Helio has already treated greater than $1.5 billion in transactions, integrates with platforms reminiscent of Discord, Shopify, and WooCommerce, and helps over 6,000 traders.
MoonPay receives MiCA approval
In December, MoonPay secured its Markets in Crypto Property (MiCA) license within the Netherlands. By way of doing so, MoonPay can be offering its products and services and merchandise throughout Europe.
The granting of the MiCA license is an enormous milestone for MoonPay because the approval manner enlargement throughout a big marketplace the place extra individuals are tapping into crypto bills.
In June, MoonPay built-in with PayPal for on-ramp crypto purchases in the United Kingdom and america. MoonPay additionally partnered with Ledger ultimate April to deliver speedy crypto purchases to its Ledger Reside customers.