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Intercontinental Alternate, the dad or mum firm of the New York Inventory Alternate, is reportedly eyeing an funding in crypto funds agency MoonPay, which is focusing on a $5 billion valuation in its newest funding spherical.
Abstract
- Intercontinental Alternate, proprietor of the NYSE, is in talks to put money into crypto funds agency MoonPay.
- The corporate, which facilitates fiat-to-crypto conversions, has acquired a number of startups this yr and launched a stablecoin enterprise.
- The funding displays rising institutional curiosity in digital property, with crypto enterprise funding hitting practically $19 billion to this point in 2025.
MoonPay, which helps customers hop between {dollars} and digital cash, has been busy this yr snapping up startups and launching a stablecoin enterprise.
The transfer comes as Wall Road more and more wades into digital property, inspired by a friendlier political local weather underneath President Trump. Including to the star energy, former performing CFTC chair Caroline Pham is becoming a member of MoonPay as chief authorized officer.
With crypto enterprise funding hitting practically $19 billion in 2025, MoonPay’s $5 billion fundraising spree is one other signal that Wall Road is getting critical about betting on the way forward for digital cash.
In the meantime, Exodus is making ready to launch a U.S. dollar-backed stablecoin in partnership with MoonPay and infrastructure supplier M0, enabling on a regular basis funds and self-custody inside its Exodus Pay app.
In contrast to conventional stablecoins constructed for buying and selling, the token can be totally reserved with greenback deposits and built-in immediately into the pockets, permitting customers to carry, ship, and spend balances with out routing via exterior exchanges.
MoonPay will deal with issuance and reserve administration, leveraging its present funds community, whereas M0 gives the underlying infrastructure.
The stablecoin is predicted to go dwell in early 2026, pending regulatory approval, with extra particulars—together with supported blockchains and the token’s identify—set to be introduced nearer to launch.
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