New York Stock Exchange Owner Company Takes Major Cryptocurrency Step

Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange (NYSE), is in talks to join an ongoing funding round to invest in cryptocurrency payment company MoonPay Inc.

According to sources close to the matter, New York-based MoonPay is close to completing its funding round, aiming for a valuation of approximately $5 billion.

With a more positive political climate towards digital assets emerging during US President Donald Trump’s term, Wall Street’s interest in cryptocurrencies is steadily increasing. In October, ICE signed one of the largest deals in the sector, agreeing to invest up to $2 billion in Polymarket, a blockchain-based prediction market platform.

Founded in 2019, MoonPay offers software solutions that enable users to more easily switch between fiat currencies and cryptocurrencies. The company’s last major funding round occurred in late 2021, near the peak of the crypto bull market, when MoonPay raised $3.4 billion at a valuation.

MoonPay’s current share sale follows the company’s accelerated expansion efforts this year. The company has acquired at least four startups throughout 2025 and has also entered the stablecoin space. In July, the US Congress passed a landmark stablecoin law, paving the way for wider adoption of digital assets pegged to fiat currencies like the dollar.

Meanwhile, MoonPay announced on Wednesday that Caroline Pham, the interim chair of the U.S. Commodity Futures Commission (CFTC), will take over as the company’s chief legal officer. Pham was appointed as the interim chair of the CFTC by President Trump in January.

*This is not investment advice.