MoonPay Secures $200M Revolving Credit Line from Galaxy Amidst Surging Crypto Market Activity
MoonPay, the leading global crypto payments company, announced it has secured a $200M revolving credit line from Galaxy, a diversified financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors.
Access to this strategic capital positions MoonPay to effectively prepare for increased transaction volume and liquidity demands driven by the current surge in cryptocurrency market activity and ensure seamless service delivery to its growing global user base.
“The recent surge in crypto demand has demonstrated the critical importance of robust and scalable infrastructure,” said Ivan Soto-Wright, CEO at MoonPay. “This revolving credit line from…
