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MoonPay Acquires Helio for $175 Million to Expand Crypto Payment Infrastructure

The acquisition of blockchain payment processor Helio by crypto payments platform MoonPay for $175 million is expected to lead to further mergers in the digital asset sector. The integration of Helio's technology, which allows for crypto transactions on certain e-commerce platforms, will enhance MoonPay's payment system. MoonPay previously partnered with PayPal and Venmo to enable users to buy cryptocurrency through those platforms.

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