MoonPay acquires Helio for $175M to enhance its crypto offerings

MoonPay, a leading crypto payments platform, has acquired Helio, a Solana-based payment processor, for $175 million. Helio, which has processed over $1.5 billion in transactions within just three years, is known as Solana’s top payment processor. The acquisition will enable MoonPay to integrate Helio’s technology into its operations, further solidifying its position as a key bridge between traditional finance and decentralized finance (DeFi).

MoonPay facilitates the buying, selling, and managing of digital assets for users worldwide, and its services have grown significantly in recent months, particularly during the ongoing bull market. In addition to its broad crypto offerings, MoonPay has been actively expanding its partnerships. Notably, the company collaborated with PayPal and Venmo in 2024, allowing users to purchase cryptocurrencies via these traditional payment platforms.

MoonPay also supports crypto payments on e-commerce sites like Shopify and social platforms such as Discord, streamlining the onboarding process for new users. This has made it easier for users to interact with DeFi applications and NFTs, helping the platform attract a larger user base and further integrate cryptocurrencies into everyday financial transactions.

Through the acquisition of Helio, MoonPay continues to enhance its services and strengthen its role in bridging the gap between centralized financial systems and the growing decentralized finance sector.