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MoonPay creates new venture division to fund early-stage start-ups

August 30, 2023

MoonPay Ventures aims to focus on early-stage companies looking to build Web3 experiences and drive “industry-wide value” through increased adoption of the technology. It has already made a number of investments in the space, including in companies such as BCB Group, Absolute Labs, and BridgeTower Capital, among others.

Leveraging MoonPay’s experience and resources, the new venture division plans to equip portfolio companies with “top-tier teams, ideas, emerging business models, and go-to-market playbooks in Web3”.

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