MoonPay, the Web3 infrastructure firm that facilitates the purchase and sale of cryptocurrencies, announced it has established an investment arm called MoonPay Ventures which will focus on funding other Web3 startups, fintechs, and early-stage gaming companies. The venture arm will target seed and Series A rounds, with investments ranging from $100,000 to $1 million. MoonPay Ventures has already invested in over 25 companies, while MoonPay itself already boasts 500 partners ranging from crypto wallets to Layer-1 and layer-2 blockchain protocols.
MoonPay Launches Venture Arm to Invest in Web3 Infra, Gaming and Fintech