The investments are part of the firm's Series A round,
disclosed in November last year which valued the company at $3.4 billion,
MoonPay said on Wednesday.
More than 600 crypto startups have seen over $12.5 billion
in venture capital funding so far this year, according to Alex McDougall,
managing director at fund manager 3iQ Digital Assets.
MoonPay, which provides payment infrastructure for crypto
and NFT transactions, expects content creators to increasingly use NFTs to
market their work and engage with fans, chief executive officer Ivan
Soto-Wright said.
NFT is a type of crypto asset that uses blockchain
technology to record who owns a digital file, which could be an image, a video
or a text.
Other investors in the company include rapper Aubrey Drake
Graham and Adel Future Nur's company Dreamcrew, Gwyneth Paltrow-led Kinship
Ventures, Ashton Kutcher, Guy Oseary-backed venture capital firm Sound
Ventures, singer Abel Tesfaye, better known as The Weeknd and his manager Amir
Esmailian. © Reuters
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