MoonPay to launch MoonPay Institutional after ~$100M all-stock deal to acquire Israeli security startup Sodot
MoonPay bought Israeli crypto-security startup Sodot in an all-stock deal worth about $100 million to build an institutional business.
MoonPay agreed to acquire Israeli crypto-security startup Sodot in an all-stock transaction valued at about $100 million, the companies and multiple outlets reported April 29, 2026 [1] [2] [3] [4].
MoonPay said the acquisition supplies security infrastructure for a new institutional unit, MoonPay Institutional, which will connect traditional financial institutions to crypto and blockchain services including trading, tokenized securities, payments, wallet management and stablecoin issuance [1] [2].
The new institutional business will be led by former CFTC Acting Chair Caroline Pham, according to MoonPay, and industry coverage described the deal as a strategic push into institutional crypto services [1] [3].
Multiple reports describe the roughly $100 million, all-stock acquisition as part of MoonPay's effort to expand into institutional crypto offerings and build out security and compliance capabilities for large financial clients [1] [2] [3].
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- 1MoonPay acquires Israeli crypto security firm Sodot in $100 million stock dealCoinDesk• Apr 29, 2026
- 2According to Bloomberg, crypto payments firm MoonPay acquired Israeli crypto security startup Sodot ...Wu Blockchain• Apr 29, 2026
- 3MoonPay acquires crypto security startup Sodot for around $100 million in all-stock dealCrypto Briefing• Apr 29, 2026
- 4MoonPay Acquires Sodot in $100M All-Stock Crypto Dealcoincu• Apr 29, 2026
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