MoonPay Signs Deal to Acquire North Capital, Pending Approval
MoonPay moves to buy private securities platform
MoonPay has signed a definitive agreement to acquire North Capital Investment Technology. This deal aims to bring a regulated private-securities trading venue into MoonPay's crypto payments business. The transaction is currently pending regulatory approval and other closing conditions.
The companies announced the agreement on September 23, 2026, stating that both boards have approved the move. However, the acquisition is not yet complete. Regulatory clearance and other standard conditions must be met before the deal closes.
Current status of the deal
- MoonPay signed an agreement to acquire North Capital, which includes the PPEX private-securities infrastructure.
- The deal would allow MoonPay to potentially expand from crypto payments into regulated brokerage and secondary-market services.
- No launch date, eligibility rules, or specific product terms for customers have been revealed yet.
What North Capital offers
North Capital provides technology and regulated services for private securities. Its operations cover investor onboarding, transaction processing, custody, and secondary trading. A subsidiary, North Capital Private Securities Corporation, is a registered broker-dealer.
The company operates PPEX, an alternative trading system (ATS). An ATS allows eligible securities to trade outside of traditional stock exchanges. The U.S. Securities and Exchange Commission listed PPEX on its ATS list as of June 30, 2026, prior to this proposed acquisition.
Uncertainties for customers
The announcement does not change current access to private-securities trading for MoonPay customers. There is no confirmed date for when customers might access these services. The companies have not disclosed the purchase price or provided a firm closing date.
Even if the deal closes, customers will need a separate announcement to learn what securities could be offered, through which entity, and to whom. The companies cautioned that there is no assurance the transaction will close or when it might happen.
Potential future steps
If the acquisition succeeds, MoonPay would add an operating securities venue and brokerage business to its existing infrastructure. This infrastructure connects conventional and digital assets. The plan involves combining businesses, but user access remains a prospective step with no announced terms.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.