MoonPay in Talks to Acquire Crypto Payments Platform Helio for About $150 Million

If the deal goes through, it will be the largest acquisition in the company's history.

Crypto payment service provider MoonPay is reportedly in talks to acquire the platform Helio for about $150 million.

If the deal is completed, it will be the largest acquisition in the company’s history. Fox Business journalist Eleanor Terrett shared about MoonPay’s plans in her post on the platform X.

Helio is a service that allows over 6,000 content creators and e-commerce businesses to receive payments in cryptocurrency. The platform supports a wide range of digital assets, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and hundreds of others.

One of Helio's key integrations is its collaboration with Solana Pay on the Shopify platform, which boasts over 138 million monthly users. Helio also provides "white-label" solutions, such as infrastructure for trading, integrated with Solana Pay and DEX Screener.

This deal would enable MoonPay, which positions itself as the PayPal for cryptocurrencies, to expand its suite of services for merchants and bolster its user base, which already spans about 20 million customers in over 160 countries.

MoonPay has also launched a fiat gateway through PayPal for users in the European Union and the United Kingdom.