MoonPay eyes tokenized securities push with $60 million acquisition of brokerage firm North Capital
Source: Fortune ·
Acquiring the Utah-based firm will provide MoonPay with key licenses at a time when its tokenization ambitions are growing.
From the source
The trend of packaging stocks and other assets as tokens on the blockchain has emerged as a major financial story in 2026. In recent months, firms like Robinhood and Kraken have ramped up their offerings of tokenized securities, and this week MoonPay—a global firm that specializes in fiat-to-crypto conversions—signaled it intends to enter the field as well. On Wednesday, MoonPay announced it has acquired North Capital Investment Technology, a Utah-based firm that offers back-end brokerage services as well as tools to tokenize debt, equity and other assets. “At MoonPay, we’re building the regulatory foundation to support mass adoption of tokenized real-world assets and we believe bringing [North Capital’s] capabilities into the MoonPay ecosystem can help connect different parts of the financial system through modern, programmable infrastructure,” said MoonPay founder and CEO Ivan Soto-Wright in a statement. MoonPay did not disclose the financial terms of the North Capital acquisition…