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MoonPay Strengthens Infrastructure with Iron Acquisition

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by Giorgi Kostiuk

3 hours ago

Crypto payments company MoonPay strengthens its position in the corporate market through the acquisition of Iron, a startup focused on stablecoin infrastructure.

Iron Acquisition by MoonPay

MoonPay has acquired Iron to enhance its enterprise stablecoin payment solutions. CEO Ivan Soto-Wright compared this move to PayPal's acquisition of Braintree.

MoonPay's Growth in Fintech and Web3

Backed by celebrities like Bruce Willis and Snoop Dogg, MoonPay is expanding its influence and has launched MoonPay Ventures to invest in fintech and Web3 startups.

"This is our Braintree moment. Iron’s technology positions MoonPay to become the definitive infrastructure provider for enterprise stablecoin solutions"Ivan Soto-Wright

Participation in Digital Assets Regulation

MoonPay is shaping the regulatory landscape for digital assets by joining the Crypto Council for Innovation to advocate for favorable regulatory policies.

The acquisition of Iron fortifies MoonPay's role in the stablecoin sector and boosts its involvement in fintech and Web3 industries.

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