MoonPay, a big name in crypto finance, is on a shopping spree. Just months after buying Helio, a crypto payment platform, they’ve now acquired Iron, a company specializing in stablecoin infrastructure.
Expanding the Empire
This latest purchase significantly boosts MoonPay’s capabilities. They’ll now offer businesses tools to manage multiple currencies, make super-fast international payments, and even earn extra cash through investments.
MoonPay CEO Ivan Soto-Wright says this move puts them at the top of the game for enterprise-level stablecoin solutions. He’s excited about giving businesses, fintech companies, and global merchants access to instant, programmable payments.
Iron’s Big Win
Iron’s co-founder and CTO, Omid Aladini, is equally enthusiastic. He says the demand for Iron’s stablecoin API has been huge, and joining forces with MoonPay will let them grow much faster. Iron’s technology helps apps, exchanges, and other businesses move stablecoins easily between different crypto systems and traditional finance. Aladini sees it as the foundation for the future of money.
Previous Acquisition: Helio
Remember, MoonPay also bought Helio, a Solana-based payment processor, earlier this year. Helio lets businesses accept various cryptocurrencies like Bitcoin, Ethereum, and Solana.
