MoonPay Expands with Sodot Acquisition, Launches Institutional Crypto Services Led by Caroline D. Pham
April 29, 2026
Looking ahead, MoonPay plans enhanced monitoring, fraud prevention, and deeper blockchain network integration as part of the expanded infrastructure.
Regulatory considerations suggest stronger security and compliance capabilities can help MoonPay meet evolving rules and build trust with authorities.
The press framing indicates a strategic move to broaden MoonPay’s institutional deployment and product capabilities.
MoonPay’s Sodot integration aims to improve threat detection, compliance tools, and transaction resilience to support global scalability.
MoonPay is launching an institutional unit by acquiring Sodot, an Israeli crypto security infrastructure provider, to serve financial institutions and other large clients entering digital asset markets.
Caroline D. Pham will lead the new MoonPay Institutional division, bringing experience as MoonPay’s former Chief Legal Officer and CAO, and having acted as CFTC chairman in 2025.
The institutional platform will feature self-hosted MPC and TEEs, custody via MoonPay’s New York trust company, on-chain order routing and trade execution, cross-chain collateral mobility, access to OTC and DeFi liquidity, and tools for stablecoins and payments.
This move fits a broader crypto industry trend of mergers and acquisitions aimed at gaining new technologies, expanding markets, and achieving vertical integration.
The announcement is framed within a sponsor context, but clearly outlines a strategic acquisition narrative.
Market implications point to heightened emphasis on security in crypto adoption, potentially drawing safety- and regulation-conscious users and investors and spurring more investment in security infrastructure.
Security remains a top priority as cyberattacks, smart contract vulnerabilities, and phishing threaten user trust and asset protection.
Sodot specializes in self-hosted multi-party computation, which increases asset security by distributing private key shares across multiple parties.
Summary based on 6 sources
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Sources

CoinDesk • Apr 29, 2026
MoonPay acquires Israeli crypto security firm Sodot in $100 million stock deal

