ICE, parent company of the NYSE, discusses investment in MoonPay

JH Kim

Summary

Intercontinental Exchange (ICE) is reportedly reviewing the possibility of investing in virtual-asset payments firm MoonPay.
The market reportedly views this discussion as an example of gauging potential cooperation between traditional financial infrastructure and virtual-asset payment networks.
If it leads to an investment, assessments say the connection between regulated markets and the virtual-asset ecosystem could be further strengthened.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is reviewing the possibility of investing in virtual-asset payments firm MoonPay. This is interpreted as a move by a traditional financial infrastructure company to seek cooperation with the virtual-asset payments sector.

On the 18th (local time), Bloomberg reported that ICE is reportedly discussing a strategic investment plan for MoonPay. However, the specific investment size, equity structure, and final decision have not yet been confirmed.

MoonPay is a payments company that provides infrastructure enabling the purchase and settlement of virtual assets via credit cards, debit cards, and bank transfers. It partners with global virtual-asset service providers and serves as an on- and off-ramp.

ICE is a financial infrastructure company that operates global exchanges, clearing houses, and data businesses, including the NYSE. Recently, it has been expanding its engagement with tokenized assets, digital payments, and the virtual-asset market.

The market views this discussion as a case for gauging potential cooperation between traditional financial infrastructure and virtual-asset payment networks. If it leads to an investment, assessments say the connection between regulated markets and the virtual-asset ecosystem could be further strengthened.