MoonPay to Acquire North Capital for Over $60 Million to Enhance Tokenized Securities Infrastructure

This acquisition signals a significant step toward mainstream adoption of tokenized securities, reshaping investment landscapes.

• MoonPay announced a definitive agreement to acquire North Capital for over $60 million in an all-stock deal on September 23, 2026.
• North Capital's platform has facilitated over $8.7 billion in transactions, providing essential infrastructure for tokenized real-world assets.
• The deal awaits regulatory approvals and is part of MoonPay's strategy to enhance its offerings in the private securities market.

• Tokenization of assets is gaining traction as blockchain technology allows for programmable ownership, but it requires traditional financial infrastructure for compliance.
• North Capital's expertise includes SEC-registered broker-dealers and alternative trading systems, crucial for navigating regulatory landscapes.
• MoonPay's CEO Ivan Soto-Wright emphasized that this acquisition builds the regulatory foundations necessary for mass adoption of tokenized real-world assets.

On September 23, 2026, MoonPay, a prominent player in the crypto payments sector, announced its intent to acquire North Capital Investment Technology, a firm specializing in regulated private markets. This strategic move, valued at over $60 million in an all-stock transaction, aims to integrate North Capital's robust infrastructure into MoonPay's operations. North Capital has a proven track record, having facilitated more than $8.7 billion in primary and secondary transaction volume across exempt and tokenized securities.

The acquisition is particularly significant as it aligns with the growing interest in tokenization of real-world assets (RWAs). Tokenization allows for the digital representation of physical assets on a blockchain, enabling fractional ownership and increased liquidity. However, for tokenized assets to gain traction, they must be supported by traditional financial systems, including broker-dealers, transfer agents, and alternative trading systems. North Capital's existing infrastructure provides these essential services, making it a valuable addition to MoonPay's portfolio.

Ivan Soto-Wright, MoonPay's CEO, highlighted that this acquisition is not just about expanding their service offerings; it is about laying down the regulatory groundwork necessary for the mass adoption of tokenized RWAs. By connecting fiat currencies, digital assets, and private securities through a programmable infrastructure, MoonPay is positioning itself at the forefront of a financial revolution.

The deal is still pending regulatory approvals, which means that while the announcement has generated excitement, the actual integration of North Capital into MoonPay's operations will take time. This acquisition follows a series of strategic moves by MoonPay in 2026, indicating a clear focus on expanding its capabilities in the regulated securities space.

As the landscape for tokenized securities evolves, this acquisition could serve as a catalyst for further developments in the sector, potentially influencing how investments are made and managed in the future.

• Investors: Individuals looking to invest in tokenized assets will benefit from increased access and liquidity.
• Financial Institutions: Banks and brokerages may need to adapt to new competitive pressures as tokenized securities gain traction.
• Regulators: Government bodies will be closely monitoring the integration of blockchain technology with traditional finance, impacting future regulations.

• Regulatory Approvals: The timeline for regulatory approvals will be crucial; delays could slow down the integration process.
• Market Reactions: Watch for shifts in investment patterns as tokenized securities become more mainstream, influencing asset prices.
• Technological Developments: Innovations in blockchain technology and security protocols could further enhance the appeal of tokenized assets.