ICE Considers Investment in Moonpay Valued at $5 Billion
- Intercontinental Exchange Inc. (ICE), owner of the New York Stock Exchange (NYSE), is reportedly in talks to invest in crypto payments firm Moonpay Inc.
- The investment is part of a funding round valuing Moonpay at approximately $5 billion.
- Moonpay is based in New York and focuses on facilitating cryptocurrency transactions.
ICE, known for its ownership of the New York Stock Exchange, is exploring an investment opportunity with Moonpay, a firm specializing in crypto payments solutions, as part of a significant funding round that could value the company at around $5 billion.
This potential investment highlights ICE’s interest in expanding into the rapidly growing cryptocurrency sector, aligning with Moonpay’s valuation estimate of $5 billion during this funding phase. (Source)
