U.S. Securities and Exchange Commissionregulator
StableAcquisitionOfficial source

MoonPay agrees to acquire North Capital's SEC-registered businesses in an all-stock deal

MoonPay agreed to acquire North Capital in an all-stock deal; CoinDesk and Cointelegraph reported a value above $60 million, while Unchained says neither company disclosed the price.

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Why it matters

Cointelegraph and Unchained report that North Capital would bring SEC-registered brokerage, transfer agency, investment-advisory services and PPEX trading to MoonPay after closing. MoonPay says those capabilities would support tokenized real-world assets, but CoinDesk says approval is required and Unchained reports that neither company disclosed the price.

Where the sources disagree

North Capital's Utah city

Salt Lake City, Utah

CoinDesk

Midvale, Utah

Cointelegraph

CoinDesk describes the company as Salt Lake City-based, while Cointelegraph calls it a Midvale, Utah company.

Key facts

MoonPay signed a definitive merger agreement to acquire North Capital Investment Technology.

Reported by Unchained

CoinDesk, Cointelegraph and Unchained each cited people familiar with the transaction for an all-stock value above $60 million, while BTC-ECHO and Bitcoin.com also reported that figure.

60,000,000 USDReported by CoinDesk

North Capital will become a wholly owned MoonPay subsidiary after closing; CoinDesk says regulatory approval is required, and Unchained reports that neither company disclosed the price.

Reported by CoinDesk

North Capital's businesses include SEC-registered broker-dealers, a transfer agent, an investment adviser and the PPEX alternative trading system.

Reported by Cointelegraph

MoonPay said the acquisition would support mass adoption of tokenized real-world assets through private-securities issuance, custody and secondary trading.

Reported by CoinDesk

CoinDesk reported about $9 billion in North Capital's primary and secondary transaction volume.

9,000,000,000 USDDisputed figureReported by CoinDesk

Cointelegraph, Unchained, BTC-ECHO and Bitcoinist reported more than $8.7 billion in transaction volume, while Bitcoin.com listed $8.7 billion.

8,700,000,000 USDDisputed figureReported by Cointelegraph

CoinDesk describes North Capital as Salt Lake City-based, while Cointelegraph calls it a Midvale, Utah company.

Disputed figureReported by CoinDesk

What happened

MoonPay signed a definitive merger agreement to acquire North Capital Investment Technology, whose businesses include SEC-registered broker-dealers, a transfer agent, an investment adviser and the PPEX alternative trading system. CoinDesk, Cointelegraph and Unchained each attributed an all-stock value above $60 million to people familiar with the transaction, and BTC-ECHO and Bitcoin.com also reported that figure; Unchained and Bitcoin.com say neither MoonPay nor North Capital disclosed the price. CoinDesk says the transaction requires regulatory approval, and Unchained and Bitcoin.com say North Capital will become a wholly owned MoonPay subsidiary after closing. MoonPay said the acquisition would support mass adoption of tokenized real-world assets through private-securities issuance, custody and secondary trading. CoinDesk puts North Capital's primary and secondary transaction volume at about $9 billion; Cointelegraph, Unchained, BTC-ECHO and Bitcoinist report more than $8.7 billion, while Bitcoin.com lists $8.7 billion. CoinDesk describes North Capital as Salt Lake City-based, while Cointelegraph calls it a Midvale, Utah company.

How the story developed

  1. First report

    First report by CoinDesk

    MoonPay to acquire SEC-registered North Capital in $60 million all-stock deal

    CoinDesk

  2. Independent corroboration

    Independently corroborated by Cointelegraph

    MoonPay to buy North Capital in all-stock deal worth over $60M

    Cointelegraph

  3. Update

    First reports on the MoonPay–North Capital merger

    CoinDesk and Cointelegraph reported a proposed all-stock acquisition valued above $60 million by people familiar with the transaction.

    CoinDesk

  4. Official statement

    MoonPay announces definitive North Capital agreement

    MoonPay announced that North Capital would become a wholly owned subsidiary after the transaction closes.

    Unchained

  5. Official statement

    Official statement from Bitcoin.com News

    North Capital Deal Expands Moonpay’s Tokenized Securities Ambitions

    Bitcoin.com News

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

23 Sept, 13:006 independent sources25 Sept, 11:30
  • 23 Sept 2026, 13:00 UTC: CoinDesk — 1 independent source, 1 reports
  • 23 Sept 2026, 13:00 UTC: Cointelegraph — 2 independent sources, 2 reports
  • 23 Sept 2026, 16:10 UTC: Unchained — 3 independent sources, 3 reports
  • 23 Sept 2026, 16:21 UTC: BTC-ECHO — 4 independent sources, 4 reports
  • 25 Sept 2026, 05:30 UTC: Bitcoin.com News, official — 5 independent sources, 5 reports
  • 25 Sept 2026, 11:30 UTC: Bitcoinist — 6 independent sources, 6 reports

Affected entities

Also mentioned: Crypto.com

Original sources

PublisherReportRolePublished
Bitcoin.com News
Company, official
North Capital Deal Expands Moonpay’s Tokenized Securities AmbitionsIndependent
CoinDesk
Crypto media
MoonPay to acquire SEC-registered North Capital in $60 million all-stock dealOriginal
Unchained
Crypto media
MoonPay Agrees to Buy North Capital and Its SEC-Registered Securities BrokerageIndependent
Cointelegraph
Crypto media
MoonPay to buy North Capital in all-stock deal worth over $60MIndependent
BTC-ECHO
Crypto media
MoonPay kauft SEC-regulierten Anbieter North CapitalIndependent
Bitcoinist
Crypto media
MoonPay Agrees To Buy North Capital In Push Into Tokenized SecuritiesIndependent