Sodot Joins MoonPay to Strengthen Institutional Crypto Key Management Infrastructure

TLDR: Sodot’s acquisition by MoonPay marks a major step toward scalable institutional crypto key management infrastructure. MoonPay Institutional will use Sodot’s technology stack as its core key management foundation for financial firms. Sodot was built on a zero-compromise approach to security, reliability, and performance for institutional crypto needs. The deal validates the growing demand for dedicated crypto key management as institutional adoption accelerates globally. Sodot, a crypto key management infrastructure company, has announced its acquisition by MoonPay. The deal brings two firms together under a shared goal of serving institutional clients. Sodot’s technology will form the key management foundation of MoonPay Institutional, a new unit targeting financial institutions, asset managers, trading firms, and exchanges. Both companies cite aligned values and a mutual drive to build foundational digital asset infrastructure at greater scale. Sodot Built for a Changing Crypto Landscape Sodot was founded three years ago to address a growing gap in crypto infrastructure. The team recognized early that institutional adoption was shifting from a talking point to a pressing reality. Financial institutions, global asset managers, and regulated fintechs needed infrastructure that met strict operational and security standards. Sodot was designed to meet exactly those requirements from the start. The company’s founding principle was straightforward: zero compromises on security, reliability, and performance. Over time, that principle shaped a broader belief that crypto deserves its own dedicated key management company. The team understood that protecting keys in crypto carries immediate and serious consequences when handled incorrectly. That awareness drove every product and infrastructure decision the company made. Modern custody has grown more complex, requiring operations across multiple exchanges, liquidity venues, and vendors. Hundreds of keys and credential...