NYSE Owner in Talks to Invest in Crypto Firm MoonPay: Report
PositiveCryptocurrency

- The Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), is reportedly in discussions to invest in the cryptocurrency payments firm MoonPay, which is aiming for a valuation of $5 billion and has recently enhanced its regulatory compliance in New York.
- This potential investment is significant for ICE as it seeks to deepen its involvement in the cryptocurrency sector, aligning with broader trends of traditional financial institutions integrating digital assets into their operations.
- The move reflects a growing acceptance of cryptocurrencies within mainstream finance, as evidenced by MoonPay's recent acquisition of a New York Trust Charter, which positions it to expand its services, and the NYSE's ongoing efforts to facilitate public listings for crypto-related companies.
— via World Pulse Now AI Editorial System







