MoonPay has acquired Helio, a Solana-powered crypto payment processor, for $175 million. This move is set to enhance MoonPay's trading and marketplace volume through Helio's digital currency payment solutions, including USDC, SOL, BTC, and ETH. Helio, launched in 2022 in London, has successfully processed over $1.5 billion in transactions and supports 6,000 merchants and one million users. MoonPay's CEO, Ivan Soto-Wright, emphasized that the acquisition will strengthen their ability to provide efficient, secure, and scalable solutions for crypto commerce. This acquisition follows MoonPay's strategic partnership with PayPal, which allows users to buy and sell over 100 cryptocurrencies on its platform, further indicating its growth in the cryptocurrency landscape.

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