Crypto payments network Mesh has raised $75 million in a Series C round, pushing its total funding past $200 million and valuing the company at $1 billion. The funding round was led by Dragonfly Capital with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. The financing comes as investor attention increasingly shifts away from speculative token launches toward the infrastructure needed to support real-world crypto adoption. Building a Borderle ...

According to Bloomberg, Intercontinental Exchange Inc. (ICE), the owner of the New York Stock Exchange, is in talks to invest in crypto payments firm MoonPay Inc. as part of a funding round nearing completion that is targeting a valuation of about $5 billion, according to people familiar with the matter. The talks are not yet finalized. MoonPay was last valued at approximately $3.4 billion in a 2021 funding round. https://t.co/vfYDPhupsv ...

Partnerships & Product Launch - Crypto payments company Truther 与 Visa 合作，下个月在萨尔瓦多推出一张卡，允许用户直接从自托管钱包中消费 USDT [1] Cryptocurrency & Payment Industry - 该合作表明加密货币支付公司正在寻求与传统金融机构合作，以扩大其服务范围 [1] - Truther 允许用户直接从自托管钱包中消费 USDT，这表明对用户控制其数字资产的需求日益增长 [1]

Regulatory Approval - MoonPay 获得纽约监管部门批准，可以安全保管客户的数字资产并促进 OTC 交易 [1] Industry Impact - 该批准可能增强 MoonPay 在加密支付领域的地位 [1]

Core Insights - MoonPay has received a New York Trust Charter, allowing it to safeguard customers' digital assets and facilitate over-the-counter trades [1][2]. Group 1: Regulatory Approval - The New York Trust Charter enables MoonPay to hold digital assets on behalf of customers and conduct over-the-counter trades directly between parties [1]. - This milestone demonstrates the company's commitment to compliance and security, enhancing relationships with global financial institutions [2]. Group 2: Product Development - MoonPay is developing new products enabled by the New York Trust Charter, focusing on security, compliance, and institutional-grade operations [3]. - The company plans to expand its services to other states after completing necessary regulatory steps [3]. Group 3: Competitive Landscape - Only a few companies, including Coinbase and PayPal, have secured a BitLicense and New York Trust Charter, indicating a competitive regulatory environment [4]. - Other firms like Coinbase and Circle are pursuing national trust bank charters, highlighting the growing interest in regulatory compliance within the crypto sector [4]. Group 4: Future Opportunities - The charter provides MoonPay with a pathway to issue stablecoins under the Genius Act, potentially increasing competition in the market [5]. - The introduction of MoonPay's enterprise stablecoin business aims to manage fully reserved digital dollars across multiple blockchains [5].

Core Viewpoint - EMCD has launched the EMCD Payment Card, enabling users to spend USDT at any location that accepts Mastercard, enhancing the usability of cryptocurrencies in everyday transactions [1][3]. Group 1: Product Features - The EMCD Payment Card can be issued within minutes after completing KYC and can be added to a mobile wallet instantly [2]. - The card is free to issue and has no monthly maintenance fee, facilitating easy spending of crypto for everyday goods and services [2]. - Users can top up the card directly from the EMCD Wallet without needing to switch between apps [3]. Group 2: Market Context - The global crypto payments sector is rapidly expanding, with stablecoins processing over $46 trillion in transaction volume in the past year, more than double the previous year [4]. - Research indicates that nearly 1 in 5 crypto owners will use digital assets for payments by 2026, up from 14.2% in 2024, highlighting the increasing demand for simple payment solutions [4]. Group 3: Company Overview - EMCD is a digital-asset ecosystem that integrates mining, storing, managing, and spending digital assets in one platform [5]. - Founded in 2017, EMCD has evolved from a Bitcoin mining operation to a comprehensive platform serving users and businesses globally [5].

Funding & Valuation - RedotPay, a crypto payments firm, achieves unicorn status [1] - RedotPay completes a $47 million investment round [1]

Core Insights - MoonPay has acquired Meso, a company that connects traditional financial systems with digital currencies, enhancing its international payments network [1][2] - Meso supports multiple blockchains and payment methods, including Ethereum, Solana, Bitcoin, debit cards, and Apple Pay [1] - The financial details of the acquisition remain undisclosed [1] Company Developments - Meso's co-founders, Ali Aghareza and Ben Mills, will join MoonPay, with Aghareza becoming the CTO and Mills taking the role of senior vice president of product [2][3] - Aghareza has a background in engineering at Braintree, while Mills has experience in payment product innovation at various companies [3] - MoonPay's CEO Ivan Soto-Wright stated that this acquisition is a pivotal moment for the company, aiming to create a global network for money movement [4] Financial Performance - MoonPay was profitable in the previous year and anticipates stronger earnings and cash flow by 2025 [5] - The company is also in discussions for a new funding round that could increase its valuation beyond $3.4 billion [4][5] - Earlier acquisitions in 2023 include Iron, a stablecoin platform, and Helio, a crypto payment processor based on Solana [5]

Investment & Stakeholder Activity - Point72 holds a 4% stake in Alt5 Sigma, valued at approximately $267 million [1] - ExodusPoint holds a 475% stake in Alt5 Sigma, valued at approximately $321 million [1] Regulatory Scrutiny & Potential Risks - The SEC is reportedly investigating Alt5's president for allegedly inflating earnings [1] - The investigation also concerns the president's alleged sale of shares during a stock surge [1]

Investment & Finance - Hedge funds Point72 and ExodusPoint are acquiring stakes in a biotech-turned-crypto payments company [1] Industry Focus - The company has transitioned from biotechnology to crypto payments [1] Political Connections - The company has ties to the Trumps [1]