Breaking: MoonPay just Hit $3.4B Valuation, Here’s What Happened

In line with an earlier report by The Information, Crypto payments provider MoonPay has just announced today, a $555 million Series A funding round that was led by Tiger Global and Coatue. The funding round which saw venture capital (VC) firms like Thrive Capital, Blossom Capital, NEA, and Paradigm participating in the equuty-only round, brings the post-money valuation of MoonPay to $3.4 billion. Interestingly, the company is only two and a half years old.