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.
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