The acquisition gives MoonPay the security infrastructure for a new institutional business led by former CFTC Acting Chair Caroline Pham. MoonPay acquired Israeli crypto security startup Sodot for about $100M to launch its new MoonPay Institutional unit. The institutional unit will serve banks and asset managers, leveraging Sodot's key management tools and MPC infrastructure. MoonPay Institutional will be led by former acting CFTC chair Caroline Pham, in a push toward regulated financial c…
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