MoonPay, which helps users hop between dollars and digital coins, has been busy this year snapping up startups and launching a stablecoin business.MoonPay, which helps users hop between dollars and digital coins, has been busy this year snapping up startups and launching a stablecoin business.

ICE eyes $5b bet on MoonPay as Wall Street dives deeper into crypto

Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly eyeing an investment in crypto payments firm MoonPay, which is targeting a $5 billion valuation in its latest funding round.

Summary
  • Intercontinental Exchange, owner of the NYSE, is in talks to invest in crypto payments firm MoonPay.
  • The company, which facilitates fiat-to-crypto conversions, has acquired multiple startups this year and launched a stablecoin business.
  • The investment reflects growing institutional interest in digital assets, with crypto venture funding hitting nearly $19 billion so far in 2025.

MoonPay, which helps users hop between dollars and digital coins, has been busy this year snapping up startups and launching a stablecoin business.

The move comes as Wall Street increasingly wades into digital assets, encouraged by a friendlier political climate under President Trump. Adding to the star power, former acting CFTC chair Caroline Pham is joining MoonPay as chief legal officer.

With crypto venture funding hitting nearly $19 billion in 2025, MoonPay’s $5 billion fundraising spree is another sign that Wall Street is getting serious about betting on the future of digital money.

Meanwhile, Exodus is preparing to launch a U.S. dollar-backed stablecoin in partnership with MoonPay and infrastructure provider M0, enabling everyday payments and self-custody within its Exodus Pay app.

Unlike traditional stablecoins built for trading, the token will be fully reserved with dollar deposits and integrated directly into the wallet, allowing users to hold, send, and spend balances without routing through external exchanges.

MoonPay will handle issuance and reserve management, leveraging its existing payments network, while M0 provides the underlying infrastructure.

The stablecoin is expected to go live in early 2026, pending regulatory approval, with additional details—including supported blockchains and the token’s name—set to be announced closer to launch.

Market Opportunity
HOP Logo
HOP Price(HOP)
$0.001989
$0.001989$0.001989
-0.10%
USD
HOP (HOP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

Kripto para borsası Binance, ZKP, GUA ve IR tokenlerini vadeli işlemler platformunda listeleyeceğini açıkladı. *Yatırım tavsiyesi değildir. Kaynak: Bitcoinsistemi
Share
Coinstats2025/12/21 16:41
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51