ICE eyes $5b bet on MoonPay as Wall Street dives deeper into crypto

Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly eyeing an investment in crypto payments firm MoonPay, which is targeting a $5 billion valuation in its latest funding round.

MoonPay, which helps users hop between dollars and digital coins, has been busy this year snapping up startups and launching a stablecoin business.

The move comes as Wall Street increasingly wades into digital assets, encouraged by a friendlier political climate under President Trump. Adding to the star power, former acting CFTC chair Caroline Pham is joining MoonPay as chief legal officer.

With crypto venture funding hitting nearly $19 billion in 2025, MoonPay’s $5 billion fundraising spree is another sign that Wall Street is getting serious about betting on the future of digital money.