{"id":12084,"date":"2021-10-11T23:25:14","date_gmt":"2021-10-11T22:25:14","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=12084"},"modified":"2021-10-11T23:25:22","modified_gmt":"2021-10-11T22:25:22","slug":"moonpay-a-crypto-payment-firm-valued-at-3-4-billion-after-first-funding-round","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/moonpay-a-crypto-payment-firm-valued-at-3-4-billion-after-first-funding-round\/","title":{"rendered":"MoonPay a crypto payment firm valued at $3.4 billion after first funding round"},"content":{"rendered":"\n
MoonPay, a cryptocurrency <\/a>payment firm, is expected to attain a valuation of $3.4 billion following its first investment round, according to The Information.<\/h5>\n\n\n\n
\"MoonPay<\/figure>\n\n\n\n

Tiger Global Management and Coatue Management were the co-lead investors in the $400 million financing round. In the context of a three-year-old business, the company's worth is astronomical.<\/p>\n\n\n\n

Using MoonPay\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, individuals may purchase cryptocurrency or other digital assets on marketplaces such as OpenSea, Bitcoin.com, Abra (formerly ZenGo), Spot (formerly Trust Wallet), and Trust Wallet (formerly Trust Wallet). Over five million people have signed up for the business, which was founded in 2019 and supports more than 80 digital assets.<\/p>\n\n\n\n

According to a research by The Block Research, businesses like as Coatue and Tiger Global <\/a>have recently been lured to mid-size cryptocurrency startups that are producing money as a method to acquire exposure to the market as of late.<\/p>\n\n\n\n

Tiger Global had invested in the open banking company TrueLayer as well as the neobroker Public.com before making its MoonPay investment. <\/p>\n\n\n\n

Earlier this year, Coatue invested $305 million in Dapper Labs, the developer of the Flow blockchain<\/a>, in addition to investing $80 million in the NFT and DeFi <\/a>development platform Alchemy, which was launched earlier this month.<\/p>\n\n\n\n

MoonPay announced a partnership with cryptocurrency wallet provider Blocto earlier this month to enable a fiat onramp to the Flow blockchain as well as faster access to NFT markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

MoonPay, a cryptocurrency payment firm, is expected to attain a valuation of $3.4 billion following its first investment round, according to The Information. Tiger Global Management and Coatue Management were the co-lead investors in the $400 million financing round. In the context of a three-year-old business, the company’s worth is astronomical. Using MoonPay , individuals […]<\/p>\n","protected":false},"author":13,"featured_media":12085,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1659,5071,5073],"class_list":["post-12084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-funding","tag-moonpay","tag-tiger-global"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/10\/image-47.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/12084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=12084"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/12084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/12085"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=12084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=12084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=12084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}