• Helio is a blockchain-based platform constructed on Solana
• It has dealt with greater than $1.5 billion in transactions and helps over 6,000 retailers
• Helio integrates with platforms reminiscent of Discord, Shopify, and WooCommerce

MoonPay, a crypto funds platform, has acquired 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 is going to be [an] even bigger [year], and we’re kicking it off with a bang [with] the acquisition is HelioPay.”

Fox Enterprise reported the acquisition was for $175 million.

breaking information: we’ve acquired @helio_pay pic.twitter.com/k3Nw9XfvOo

— MoonPay 🟣 (@moonpay) January 13, 2025

In response to a press release, the acquisition of Helio brings its expertise, staff, and ecosystem into MoonPay’s portfolio.

“This acquisition is an important step in advancing our vision for the future of payments,” stated Soto-Wright. “Helio’s technology and expertise strengthen our ability to deliver efficient, secure, and scalable solutions for crypto commerce, trading infrastructure, and marketplaces. With MoonPay and Helio combined, we now offer the most comprehensive product for on-chain payments.”

Helio has already dealt with greater than $1.5 billion in transactions, integrates with platforms reminiscent of Discord, Shopify, and WooCommerce, and helps over 6,000 retailers.

MoonPay receives MiCA approval

In December, MoonPay secured its Markets in Crypto Belongings (MiCA) license within the Netherlands. By doing so, MoonPay can supply its companies and merchandise throughout Europe.

The granting of the MiCA license is an enormous milestone for MoonPay because the approval means enlargement throughout a big market the place extra individuals are tapping into crypto funds.

In June, MoonPay built-in with PayPal for on-ramp crypto purchases within the UK and the US. MoonPay additionally partnered with Ledger final April to convey instantaneous crypto purchases to its Ledger Stay customers.