The application of Moonpay cryptocurrency, acquired Iron, a stablecoin infrastructure platform focused on the API, the company announced on Thursday in a press release.
The acquisition will considerably increase Moonpay business offers, said the company based in Miami, and will allow companies to accept Stablecoin payments.
No acquisition price has been given, but a report indicates that the agreement was worth at least $ 100 million.
The activity of mergers and acquisitions in the cryptographic space clashes. The Exchange Derebit options are in talks to acquire, with a number of potential contenders in the running for the company, as Coindesk reported last month. The Crypto Bitmex trading platform is also looking for a buyer.
Stripe has agreed to buy a stable platform bridge for $ 1.1 billion in October from last year, in the largest acquisition of cryptography by a large payment company to date.
“This acquisition is a strategic step, positioning Moonpay at the forefront of business stablecoin solutions,” said Ivan Soto-Wright, CEO of Moonpay, in the press release.
Moonpay bought Helio, a cryptographic payment processor fed by Solana, in January.
Read more: Moonpay buys the Crypto Helio payment processor for $ 175 million
