MoonPay Buys Sodot for $100 Million, Launches Institutional Unit
Crypto payments company MoonPay said it acquired Israeli crypto security startup Sodot in a $100 million all-stock deal.
MoonPay also said it launched MoonPay Institutional, a new unit focused on institutional clients. The company said the business will provide access and infrastructure for traditional finance firms seeking access to decentralized finance.
From the sources (3 posts)
@cointelegraph🔥 LATEST: MoonPay acquires Israeli crypto security startup Sodot in a $100 million all-stock deal.
@techmemeCrypto payments company MoonPay acquires Israeli crypto security startup Sodot, sources say in a $100M all-stock deal, to launch a unit focused on institutions (@emilyjnicolle / Bloomberg) (Visit Techmeme dot com for the link and full cont
@moonpayBREAKING: MoonPay has acquired Sodot and launched MoonPay Institutional we've always believed DeFi is for everyone led by @CarolineDPham, we're bringing access and infrastructure for the next generation of financial markets to TradFi in