thank the company in their tweets<\/a> afterward. (And it\u2019s not just stars. Light Speed Venture Partners is also a MoonPay client.) But the infrastructure service is also widely used: 10 million customers have processed almost $3 billion in transactions through MoonPay, the company says. It partners with exchanges such as Coinbase, FTX, and OpenSea, as well as wallets including MetaMask; the company says it works with more than 260 service providers. <\/p>\nPayPal became PayPal without much help from Hollywood, but then PayPal wasn\u2019t building itself during a period of interest in NFTs. NFTs appeal to artists and musicians because they offer a way to create revenue streams through digital assets. So to MoonPay CEO Ivan Soto-Wright, it seemed natural to target VC firms that specialized in the creator economy when it was time to raise money. \u201cI realized that the creator economy was going to be a really important part of our business, especially with NFTs,\u201d Soto-Wright says. <\/p>\n
The previous funding round, a $555 million Series A, brought in Thrive Capital, a firm founded by Josh Kushner, who happens to be both Jared Kushner\u2019s brother and Karlie Kloss\u2019 husband. Sound Ventures \u2014 founded by Ashton Kutcher and Guy \u201cMadonna\u2019s manager\u201d Oseary \u2014 joined this latest round. So did Kinship Ventures, which brought Questlove, Mindy Kaling, and Zoe Salda\u00f1a with them. CAA\u2019s Connect Ventures, a partnership with New Enterprise Associates, joined too.<\/p>\n
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