NYSE parent ICE eyes MoonPay funding at $5B valuation
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 firm’s latest funding round.
In October, ICE invested $2 billion in prediction platform Polymarket as part of a funding round that boosted the company’s valuation to $9 billion. Now, according to Bloomberg, citing people familiar with the matter, the NYSE parent company is ready to participate in MoonPay’s financing at a $5 billion valuation. However, the potential investment amount has not been disclosed.
MoonPay is a fintech company that provides infrastructure for buying, selling, and using cryptocurrencies through fiat on-ramps. Founded in 2019, it allows users to purchase crypto using traditional payment methods such as debit and credit cards, and also offers services to wallets, exchanges, and businesses seeking to integrate cryptocurrency payments.
Blockchain makes its way to Wall Street
Investment deals involving ICE reflect the growing connection between cryptocurrencies and Wall Street, as traditional financial institutions adopt blockchain technology and form partnerships with crypto companies.
One of the most notable examples is the testing of stablecoin integration with various ICE clearing and data services, which began in March.
Additionally, in December, the U.S. Securities and Exchange Commission (SEC) gave the green light to the Depository Trust and Clearing Corporation (DTCC), a key financial settlement and clearing infrastructure company, to begin offering tokenized bonds and stocks.
DTCC is expected to launch its tokenized trading services in the second half of 2026 and issue some U.S. Treasury bonds on blockchain using the Canton Network, a permissioned blockchain infrastructure network focused on financial institutions.
As we wrote, From Polymarket to Gemini: How prediction markets are going mainstream
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