NYSE parent in talks to invest in crypto company MoonPay: Report
The discussions follow Intercontinental Exchange’s $2 billion investment in prediction platform Polymarket in October.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is in talks to invest in crypto payments company MoonPay as part of the company’s latest funding round.
MoonPay is seeking to raise funds at a $5 billion valuation, according to Bloomberg, which cited sources familiar with the deal and did not disclose the dollar amount of the potential investment.
In October, ICE invested $2 billion in prediction platform Polymarket, in a funding round that brought the company’s valuation to $9 billion.
