MoonPay completes the acquisition of North Capital through an all-stock transaction worth over $60 million, directly obtaining key licenses and underlying trading and investment infrastructure as a U.S. brokerage dealer—clearing regulatory obstacles for its subsequent expansion into tokenized securities business. Amid the ongoing compliance-driven progress in the crypto industry, actions by leading payment service providers to proactively fill in traditional financial core licenses will reduce the compliance threshold for institutions entering the tokenized-asset space. Going forward, the liquidity of crypto assets such as BTC and ETH in compliant, security-tokenization scenarios is expected to receive further support. $BTC $ETH #加密监管 #代币化证券 #Institutional Updates