In a significant development for the cryptocurrency payment landscape, MoonPay has officially acquired the crypto payment platform Helio for a staggering $175 million, as reported by Fox Business News journalist Eleanor Terrett. This acquisition marks a pivotal expansion for MoonPay, enhancing its suite of services aimed at content creators and e-commerce merchants seeking to transact with digital currencies.
Helio presents a robust alternative to Coinbase Commerce, offering a comprehensive self-service payment platform that facilitates seamless crypto transactions. Notably, Helio’s offerings include a white-label solution that incorporates essential transaction infrastructure geared towards Solana Pay and DEX Screener. Such innovations are poised to enhance the user experience and drive increased adoption of cryptocurrency payments across various sectors.