MoonPay Expands into Institutional Market with Sodot Acquisition

MoonPay, a leading crypto payments network, has acquired Sodot, a key management infrastructure company that secured over $50 billion in transactions and protected more than 10 million wallets for clients including eToro, BitGo, Flow Traders, and Exodus.

The acquisition forms the foundation of MoonPay Institutional, which provides a unified technology platform supporting any token, chain, or wallet. This integrated infrastructure enables institutions to securely connect traditional finance (TradFi) to decentralized finance (DeFi) with built-in Know Your Customer (KYC) and compliance solutions.