Crytocurrency

In order to raise $87 million, MoonPay gets Hollywood’s rich and famous to help.

MoonPay, the world’s top crypto payments infrastructure provider, has revealed its newest Hollywood stars. They are now part of a group of more than 60 stars who have already invested in a $87 million fund.

Stars like Steve Aoki, Justin Bieber, Gal Gadot, Eva Longoria and Paris Hilton as well as big Hollywood groups like Ashton Kutcher’s Sound Ventures gave a lot of money to the payment infrastructure company.

The news got enough attention on Twitter because well-known news pages and Twitter users talked about it.

 

Gwyneth Paltrow, a well-known actress and one of the investors in MoonPay, said something.

In the entertainment industry, and in business in general, Web3 is urging people to think about how we make communities and connect with fans as well as how we make money and control intellectual property.

If you just make new drops and hope for the best, you won’t get very far. ” That’s made possible by Web 3. It was Aoki, who worked with the biggest boy group BTS, who said this when he found out he was going to be a new member.

He also said that MoonPay’s technology makes it easier for people to get into the crypto market. Michael Ovitz, the co-founder of the Hollywood powerhouse Creative Artists Agency, agreed with this.

After getting $555 million in a Series A round led by Coatue and Tiger Global Management in December, MoonPay’s total value went up to $3.4 billion. Ten million people in 160 countries have now signed up to use the site.

MoonPay’s best feature is that it works with other crypto services so people can buy cryptocurrency with a credit or debit card. This lets you buy and sell things on Bitcoin.com and other sites. There are so many people and investors who like MoonPay because it’s universal and easy to use.

The service also handles NFT transactions for OpenSea, and it is best known for helping celebrities buy Bored Apes from the service.

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