Avrio Worldwide PBC Announces Merger with Moon Mortgage Inc. to Deliver Crypto Lending Products

Avrio Worldwide, PBC (Avrio) announces a merger with Moon Mortgage Inc. (Moon) through a bi-directional common stock acquisition between Avrio and Moon. The merger partnership will focus on delivering crypto lending products to retail and non-retail markets, including through the Avrio ecosystem of companies and partners. Moon specializes in collateralized crypto lending products to enable customers access to money for discretionary expenses, purchases, and mortgages, without losing the ability to trade those crypto assets once the loan is taken out. AVRIO is the parent of several companies delivering digital financial market infrastructure, services, and data across public, private, and digital markets. Commenting on the merger with Moon, Avrio CEO Lawrence Wintermeyer said, “The success of the launch of the bitcoin and ETH ETFs has demonstrated the pent-up demand in the market for crypto with BlackRock’s bitcoin ETF setting the record of the fastest growing ETF in history. Moon’s un-hypothecated lending products mean customers can be assured that when they borrow against their BTC or ETH, that their assets are not then lent out, and they can trade against those assets with confidence.”