MoonPay to Acquire Private Markets Platform North Capital

MoonPay has agreed to acquire North Capital, a platform for private markets, according to a report by FinTech Futures.

The deal marks MoonPay's latest move beyond its core business of cryptocurrency payment processing. North Capital provides technology for private securities transactions, a segment that has attracted growing interest from digital-asset firms as tokenization of private assets accelerates.

FinTech Futures, which first reported the transaction, did not disclose the purchase price or the expected closing date of the acquisition.

MoonPay has built its business on fiat-to-crypto on-ramp services, allowing users to buy digital currencies with conventional payment methods. An acquisition of a private markets platform signals the company's ambition to expand into the infrastructure that supports trading and settlement of private securities, an area where blockchain-based settlement is increasingly viewed as a natural fit.

North Capital operates in the private markets segment, serving issuers and investors in assets that do not trade on public exchanges. The platform's capabilities would give MoonPay a foothold in a market that has historically suffered from limited liquidity, high administrative costs, and restricted secondary trading opportunities.

For MoonPay, the transaction extends a strategy of broadening its product suite through acquisitions. The company has previously expanded its reach in digital payments and related financial infrastructure.

The acquisition also reflects a wider trend among crypto-native companies seeking to bridge digital-asset technology with regulated securities markets. Private markets have grown substantially as companies stay private longer, and secondary trading venues for their shares have multiplied in response to investor demand.

Neither MoonPay nor North Capital has publicly commented beyond the initial report. The companies have not disclosed whether North Capital's team will be integrated into MoonPay's existing operations or continue operating as a standalone unit.

The transaction, once closed, would position MoonPay to serve both sides of an emerging market: retail and institutional buyers of digital assets, and issuers seeking distributed technology for private securities. Whether MoonPay can convert that positioning into meaningful revenue in private markets will test the strategic logic behind the deal.