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Mastercard and MoonPay partner to explore Web3 tools, drive innovation kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Web3 infrastructure firm MoonPay has launched an investment arm that will focus on early-stage startups in web3, gaming and adjacent fintech categories, TechCrunch has exclusively learned. The investment arm, dubbed MoonPay Ventures, will mainly invest between $100,000 to $1 million, targeting seed and Series A rounds. It has already invested in more than 25 companies, including BCB Group, Ledger, BRUT, BeatClub, absolute labs, Create/OS, BridgeTower Capital and Mythical Games, according to Abhay Mavalankar, VP of corporate development and investments at MoonPay. ....
The MoonPay tie-up will allow users to buy Tether using Apple Pay, Google Pay and credit cards, then use the stablecoin to buy other crypto tokens. ....
According to the Coinmarketcap Top 100 crypto assets, an average of $638 Billion USD is traded in cryptocurrency markets in a 24hr period. Fiat to Crypto ....