We reveal the list of celebrities who backed the crypto payments startup in its $87M funding round
MoonPay has raised $87 million in funding from prominent investors, Reuters reported on Wednesday, citing a statement from the crypto payments startup.
What happened
Celebrity investors such as tennis star Maria Sharapova and pop star Justin Bieber participated in the company’s Series A round.
Other investors participating in the round include Hollywood actor Bruce Willis, rapper Snoop Dogg and Canadian singer Abel Marconintsfaye, also known as The Weeknd.
The investment round was first disclosed in November, but a detailed list of celebrity investors has only recently been made public.
Tiger Global Management and Coatue led the round, which valued MoonPay at $3.4 billion.
According to CNBC, the celebrities were added to a list of 60 new investors, who together contributed $87 million in a $555 million funding round announced in November.
The information also adds Chainsmokers, Drake, Eva Longoria, Jason Derulo, Kate Hudson, Paris Hilton, Matthew McConaughey, Mindy Kaling, Questlove and Shawn Mendes to the new MoonPay investor list.
The company creates payment infrastructure for crypto and NFT transactions. It also allows users to trade cryptocurrencies such as Bitcoin. bitcoin
, Ethereum
and Dogecoin
Use payment methods such as Apple Inc.’s Apple Pay
Debit and credit cards.
price fluctuation​
According to data from Benzinga Pro, BTC has gained 0.25% in the past 24 hours to trade at $40,191.
