NYSE owner Intercontinental Exchange eyes investment in MoonPay

Intercontinental Exchange (ICE), the operator of the New York Stock Exchange, is reportedly in discussions to invest in the crypto payments infrastructure provider MoonPay as part of a funding round that could value MoonPay at approximately $5 billion. This potential investment signals ICE's ongoing expansion into digital assets, building on its ownership of the Bakkt crypto platform and a recent $2 billion investment in Polymarket. MoonPay has recently strengthened its regulatory standing by securing a Limited Purpose Trust Charter from the New York Department of Financial Services, joining entities like Coinbase and PayPal with comprehensive New York crypto regulatory approvals. This news follows the announcement that Caroline Pham, acting chair of the US Commodity Futures Trading Commission, will join MoonPay as chief legal and administrative officer.

(Source：Crypto Briefing)