{"id":13650,"date":"2026-09-24T07:05:57","date_gmt":"2026-09-24T07:05:57","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13650"},"modified":"2026-09-24T07:05:57","modified_gmt":"2026-09-24T07:05:57","slug":"moonpay-targets-8-7b-trading-venue-but-the-features-remain-unrevealed","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13650","title":{"rendered":"MoonPay targets $8.7B trading venue, but the features remain unrevealed"},"content":{"rendered":"

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MoonPay has signed a definitive agreement to buy North Capital Investment Technology, a deal that would bring an existing private-securities trading venue into the crypto payments company’s group if it closes.<\/p>\n

The companies announced the agreement on Sept. 23, and said both boards had approved it. Regulatory approvals and other closing conditions still stand between the agreement and a completed acquisition.<\/p>\n

For MoonPay customers, the announcement changes nothing about stated access to private-securities trading. It gives no launch date, eligibility rules, or path into the venue.<\/p>\n

The question for customers is whether MoonPay will eventually offer access to North Capital, and under what terms.<\/p>\n

What the MoonPay deal would bring<\/h2>\n

North Capital supplies technology and regulated services to private securities issuers, professional intermediaries, fund managers and investors. Its business spans investor onboarding, transaction processing, custody and secondary trading.<\/p>\n

The subsidiary North Capital Private Securities Corporation is a registered broker-dealer and, according to the company’s announcement, operates PPEX, an alternative trading system where eligible securities can trade outside a traditional stock exchange.<\/p>\n

The SEC’s June 30 ATS list named the firm and PPEX before this proposed acquisition.<\/p>\n

The deal would add an operating securities venue and brokerage business to MoonPay’s existing infrastructure for moving money between conventional and digital assets. North Capital also has an investment-advisory business.<\/p>\n

The companies have yet to describe a MoonPay customer-facing securities product. The regulated entities, trading system and customer interface are distinct pieces of that potential offering, and the announcement describes the first two as existing North Capital capabilities.<\/p>\n