PANews reported on December 19th, citing Bloomberg, that Intercontinental Exchange Group (ICE), the parent company of the New York Stock Exchange, is in talks to participate in a funding round for cryptocurrency payment company MoonPay Inc., which is nearing completion and targets a valuation of approximately $5 billion. ICE did not immediately comment on the negotiations, and MoonPay declined to comment.

Founded in 2019, MoonPay provides software that helps users more easily convert between fiat and cryptocurrency. In late 2021, near the peak of the crypto bull market, the company was valued at $3.4 billion in its last funding round.