NYSE parent in talks to invest in crypto company MoonPay: Report

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is reportedly in talks to invest in crypto payments company MoonPay as part of its latest funding round. According to Bloomberg, MoonPay is seeking to raise funds at a $5 billion valuation — though the exact dollar amount of ICE's potential investment hasn't been disclosed.

This isn't ICE's first crypto rodeo. In October, ICE dropped a massive $2 billion into prediction platform Polymarket, valuing the company at $9 billion. That deal already signaled that Wall Street's big players are getting serious about crypto infrastructure.

MoonPay, founded in 2019, is a fintech company that provides infrastructure for buying, selling, and using cryptocurrencies through fiat on-ramps and off-ramps. It enables users to purchase crypto using traditional payment methods like debit and credit cards, while offering services to wallets, exchanges, and enterprises seeking to integrate crypto payments.

Cointelegraph reached out to ICE and MoonPay for comment but hadn't received a response at the time of publication.

These investment deals reflect the growing ties between crypto and traditional finance, as institutions adopt blockchain technology and form partnerships with crypto companies. In March, stablecoin company Circle and ICE began exploring a stablecoin integration with ICE's various clearing and data services.

The products being tested for possible integrations include Circle's USDC dollar-pegged stablecoin and its tokenized money market fund, US Yield Coin (USYC), an onchain yield-bearing product backed by short-term US Treasurys.

In December, the US Securities and Exchange Commission (SEC) gave the green light to the Depository Trust and Clearing Corporation (DTCC), a financial settlement and clearing infrastructure company, to begin offering tokenized bonds and stocks.

Real-world asset (RWA) tokenization is a way of representing physical or traditional assets on a blockchain, which allows for faster settlement times, cross-border transactions, and the ability to use assets as collateral in decentralized finance (DeFi) applications.

DTCC handled about $3.7 quadrillion in settlement volume in 2024 and is considered the backbone of the traditional financial system, clearing transactions across the equity, bond, fixed income, and financial derivatives markets.

The DTCC is expected to launch its tokenized trading services in the second half of 2026 and will mint some US Treasurys onchain using the Canton Network, a permissioned network of blockchain infrastructure geared toward financial institutions.