MoonPay announced the acquisition of North Capital Investment Technology, a Utah-based brokerage firm, in a deal valued at over $60 million in stock. The move, confirmed on Wednesday, positions MoonPay to expand into tokenized securities, a growing trend in 2026 that involves packaging stocks and other assets as blockchain tokens, according to fortune.com.
The acquisition brings North Capital’s back-end brokerage services and tokenization tools into MoonPay’s ecosystem. North Capital specializes in custody and secondary market sales and has a portfolio of SEC licenses, which was a key factor in the deal. Earlier this year, North Capital partnered with blockchain firm tZero to offer tokenized assets on alternative trading systems, enhancing its capabilities, fortune.com reported.
MoonPay’s founder and CEO Ivan Soto-Wright said the company aims to build the regulatory foundation to support mass adoption of tokenized real-world assets. The acquisition aligns MoonPay with other firms like Robinhood and Kraken, which have recently increased their tokenized securities offerings, reflecting a broader shift in the financial sector toward programmable infrastructure, according to fortune.com.
MoonPay’s acquisition of North Capital marks a significant step in integrating traditional brokerage services with blockchain technology. The deal, finalized this week, expands MoonPay’s reach in the tokenized securities market, which has seen increased activity from major players throughout 2026, fortune.com noted.