NYSE Owner ICE in Talks to Invest in Crypto Payments Firm MoonPay
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is in advanced discussions to invest in MoonPay, a cryptocurrency payments infrastructure provider. The deal signals Wall Street's growing appetite for regulated crypto services amid shifting U.S. regulatory landscapes.
MoonPay's latest funding round targets a $5 billion valuation, a significant premium to its $3.4 billion valuation during its 2021 capital raise. The platform specializes in fiat-to-crypto onramps used by exchanges, wallets, and consumer platforms.
This MOVE reflects institutional investors' strategic pivot toward payment infrastructure rather than direct token exposure. The timing coincides with progressive stablecoin legislation and broader political acceptance of digital assets in Washington.