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MoonPay Eyes $5 Billion Valuation With ICE Investment and CFTC Chair Joining

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MoonPay is preparing for a $5 billion valuation as it nears a funding round backed by ICE, owner of the NYSE. The firm recently received a Limited Purpose Trust Charter from NYDFS, boosting its crypto custody operations. Caroline Pham, acting CFTC chair, will join as chief legal and administrative officer. The move aligns with Countering the Financing of Terrorism efforts and reflects growing focus on liquidity and crypto markets.
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