MoonPay, a crypto payment solutions provider, recently invested in and bought a stake in BCB Group, Europe’s top business accounts, and trading services provider, to expand their capabilities globally and bring crypto to new geographic markets.
MoonPay and BCB Group Join Forces
MoonPay’s Chief Growth Officer, Zeeshan Fero, joined the BCB group as an advisor earlier this year in February.
MoonPay is an existing client of BCB Group and will become a strategic partner as a result of this investment, allowing the two firms to offer new fiat rails and crypto services to their combined client base. Both organizations want to expand their global operations and bring cryptocurrencies to new regions around the world.
Both CEOs see working together to create a global crypto economy.
Ivan Soto-Wright, the CEO and founder of MoonPay, stated of the relationship,
Oliver von Landsberg-Sadie, the founder and CEO of BCB Group, also stated,
The BCB Group is a supporter of industry pillars.
Bitstamp, Coinbase, Galaxy, Gemini, Huobi, and Kraken are among the industry’s pillars, while BCB Group handles their accounts and payments.
BCB Group sought funding in March for new projects such as BCB Treasury, which will assist organizations in investing in bitcoin as a treasury asset, BCB Yield Accounts, and BCB Wealth Partners, which will give crypto services to private wealth clients.
MoonPay Supports Binance Assets and Continues Global Decentralization Plans
MoonPay offers payment solutions for over 80 cryptocurrencies and over 30 fiat currencies, with over 250 partners, including Bitcoin, Trust Wallet, and ZenGo. Their payment solutions have been used in over 160 countries and have processed over 1 million transactions.
According to the team, the MoonPay ecosystem now supports BNB and BUSD, Binance Smart Chain (BSC) assets, and Binance DEX globally. This demonstrates MoonPay’s dedication to global decentralization by allowing more people to use DeFi and crypto.