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Deep Tide TechFlow News, April 29 — According to Bloomberg, crypto payment company MoonPay has acquired Israeli crypto security startup Sodot, and based on this, established a new division called "MoonPay Institutional," focusing on serving institutional clients' digital asset needs. The division will provide services such as trading, tokenized securities, payments, wallet management, and stablecoin issuance for large traditional financial institutions. Former acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, will serve as the head of this division. She joined MoonPay at the end of 2025 as Chief Legal Officer and Chief Administrative Officer.