Snoop Dogg, Justin Bieber, Paul George Join MoonPay Funding Round – Nnftsbuyingtips

Crypto Payments Facilitator Has Attracted Investment From Over 60 Celebrities To Expand Its Software Solutions”>The International Crypto Accounts Facilitator Has Raised Funding From Over 60 Celebrities To his tool to expand answers.

Miami-based MoonPay, an international provider of crypto account infrastructure, has raised $87 million with more than 60 icons for singing, sports, media and leisure.

The company’s latest investment sphere includes investments from Snoop Dogg, Justin Bieber, Lil Durk, Maria Sharapova, Paul George, Diplo, Gwyneth Paltrow, Post Malone, Bruce Willis and Steve Aoki. MoonPay will use the finances to continue building its tool answer for the Crypto and blockchain trading.

The company studies that this latest investment brings its valuation to $3.4 billion.

“Web3 is radically changing the way we approach entertainment, sports and music,” said Ivan Soto-Wright, CEO and co-founder of MoonPay, in a professional unlock. “Hollywood uses smart contracts and blockchain technology to assert their creative intellectual property rights. Major global sports franchises have used digital tokens and NFT collectibles to transform fan engagement. And artists are starting to explore how NFTs can give them more control over royalty rights. These are the foundations of a renaissance of the creative economy. And our strategic investors are helping to lead that movement. We are honored to partner with them to help move the world towards Web3.”

MoonPay was launched in 2019 with a venture to expand Crypto adoption by providing a tool response that simplifies the way customers buy and promote Crypto and supported merchandise. The company also created an NFT Checkout response within its platform that allows the execution of non-fungible token purchases right away with a credit score or debit card. MoonPay has facilitated NFT purchases for celebrities such as Lil Baby, Madonna and Paris Hilton.

Co-founders Soto-Wright and Victor Faramond started MoonPay, and in November 2021, the company closed a $555 million Series A investment, led through Tiger Global Management and Coatue. Since its inception, MoonPay has processed approximately $3 billion in transactions, expanded its platform to more than 250 spouse websites, and expanded its buyer base to ten million people. Currently, the business companions are with Bitcoin.com, OpenSea, FaZe Clan, Autograph and more.

So, how simple is the MoonPay platform?

On the company site, it’s as easy as making a standard online purchase. You can choose which Crypto to buy and the selection of tokens before seeing an overview of what you actually get.

NFT Checkout now requires you to register your interest and get permission before making any purchases, but here’s what that might look like:

This is nevertheless a company in its previous levels of construction. But the current buzz – and the current buck figures – intersect a long-term solution to recommend that MoonPay figures are a key participant in the soaring Cryptoeconomic system paintings.

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