According to Bloomberg, Intercontinental Exchange Inc. (ICE), the parent company of the New York Stock Exchange, is in advanced negotiations to invest in MoonPay Inc., a major cryptocurrency payment platform. According to informed sources, this potential investment is part of a nearly completed funding round, with a target valuation of approximately $5 billion. However, discussions are still ongoing and may change.
If the deal goes through, it will be a significant step for ICE in the digital asset payments sector, demonstrating the growing interest of traditional financial institutions in crypto infrastructure. MoonPay is currently seen as an important bridge between traditional finance and cryptocurrencies, providing fiat–crypto payment solutions for users and businesses worldwide. Previously, MoonPay was valued at around $3.4 billion in a funding round in 2021.
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