%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Cryptoprowl / MoonPay has acquired Sodot and launched MoonPay Institutional, a new business aimed at financial institutions, asset managers, trading firms and exchanges entering digital-asset markets. Sodot brings key management infrastructure that has secured more than $50 billion in transactions and protected over 10 million wallets for clients including eToro, BitGo (NYSE: $BTGO ), Flow Traders and Exodus (NYSE: $EXOD ). The acquisition puts MoonPay further into the institutional infrastructure layer at a time when regulated firms are looking for cleaner ways to offer stablecoins, tokenized assets, DeFi access and crypto trading without stitching together separate vendors. MoonPay Institutional is being built as a unified platform covering wallet infrastructure, custody, on-chain order routing, trade execution, collateral operations, stablecoin settlement, KYC and compliance tools. Sodot's technology becomes the security base of that stack. The company specializes in self-hosted MPC and TEE products that let institutional asset managers, market makers, custodians and wallet providers manage sensitive keys with full control and no third-party exposure. Its platform has been audited by Trail of Bits, NCC Group and Halborn, and holds SOC 2 Type 2 certification from EY. MoonPay founder and CEO Ivan Soto-Wright said the institutional arm is the company's next stage, adding that Sodot's infrastructure will help bring MoonPay's platform to financial services firms entering digital assets. The new business will be led by Caroline D. Pham, CEO of Moon Global Markets and former acting chairman of the CFTC, who said institutions are looking for a digital-asset strategy that can work across tokens, chains and wallets while still fitting into existing systems. MoonPay says it already serves more than 30 million customers across 180 countries and supports more than 500 enterprise customers. With Sodot now inside the company, the broader read is straightforward: MoonPay is trying to move beyond consumer crypto payments and become a deeper infrastructure provider for the financial firms building around digital assets.