Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, MoonPay acquired Israel-based crypto security infrastructure provider Sodot in a $100 million push into institutional crypto, Aptos said its recently-launched privacy coin seeks to solve the trade-off between user safety and transparency, and Paystand launched a Bitcoin-backed stablecoin for businesses.

Crypto payments platform MoonPay is launching an institutional unit after acquiring Sodot, an Israeli crypto security infrastructure provider.

MoonPay on Wednesday announced the acquisition of Sodot, using Sodot’s key management technology as the core infrastructure layer of its new business serving financial institutions, asset managers, trading firms and exchanges entering digital asset markets.

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