Crypto payments startup MoonPay has been valued at $3.4bn in its first time seeking outside equity funding, as part of a $555m round led by hedge fund Coatue and Tiger Global.
Other investors included London venture capital firm Blossom Capital, NEA and Thrive. Paradigm, a $2.5bn crypto fund launched this month by Coinbase co-founder Fred Ehrsam, also took part.