Crypto Payment Infrastructure Provider MoonPay Launches Investment Arm with Focus on Web3

As reported by TechCrunch, MoonPay, a crypto payment infrastructure provider, has launched a venture arm called MoonPay Ventures, aiming to invest in startups in Web3 infrastructure, gaming, and fintech.

MoonPay Ventures will focus on seed and Series A rounds with investments between $100K to $1M. It has already invested in over 25 companies, including BCB Group, Ledger, BridgeTower Capital, Mythical Games, and more, according to Abhay Mavalankar, VP of corporate development and investments at MoonPay.

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