Crypto start-up MoonPay launches NFT platform with Universal, Fox
— Digital, Going, Sotowright, Platform, Brands, Nft, Startup, Investors, Utility, Fox, Crypto, Nfts, Moonpay, Universal, Technology, Launches — 1 min read
MoonPay is launching a new platform for non-fungible tokens like NFTs. Universal Pictures, Fox Corporation and Snoop Dogg's Death Row Records are partners with MoonPay. MoonPay lets users buy and sell cryptocurrencies using conventional payment methods like credit cards, bank transfers, or mobile wallets like Apple Pay and Google Pay. The company's latest product launch comes amid an extended selloff in cryptocurrencies, as investors continue to grapple with aggressive interest rate hikes from the Federal Reserve and a worsening liquidity crunch that has pushed major players into financial difficulty. MoonPay CEO Ivan Soto-Wright: "It's been a rough few months for crypto. There's always going to be periods of volatility. It's a brand new asset class" Source