MoonPay is set to acquire SEC-registered broker-dealer North Capital in a roughly $60 million, all-stock transaction, according to multiple reports. The deal is described as part of MoonPay’s broader effort to expand its tokenization and regulated financial-services capabilities.

North Capital, based in Utah, is characterized across outlets as providing US broker-dealer, trading, and investment infrastructure and related licensing. Cointelegraph, Fortune, and PYMNTS frame the acquisition as a way for MoonPay to access regulated private markets infrastructure without building that framework from scratch. CoinDesk similarly links the purchase to MoonPay’s goal of supporting broader adoption of tokenized real-world assets.

While the outlets differ slightly in emphasis—some highlight regulatory status and infrastructure capabilities, others focus on MoonPay’s tokenized securities expansion—they largely agree on the core terms: an all-stock deal valued at over or about $60 million and the intent to bolster MoonPay’s tokenization business through North Capital’s licensed operations.