Intercontinental Exchange's ICE Negotiates Co-Investment in MoonPay Funding, Marking a Major Move in the Crypto Payment Sector

【Blockchain Rhythm】 Reports indicate that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is in talks with crypto payment company MoonPay Inc. for financing cooperation. This round of funding targets a valuation of approximately $5 billion. Both parties have not made an official response yet.

MoonPay was founded in 2019 and has accumulated a substantial user base and industry recognition in the crypto payment field. Notably, during its previous funding round at the end of 2021, the company’s valuation was $3.4 billion — in other words, over two years, MoonPay’s valuation is expected to jump from $3.4 billion to $5 billion, an increase of nearly 50%.

If this financing is successful, it will signify that traditional financial giants are further expanding into the crypto payment ecosystem.