| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Crypto |
| Total raised | 555 |
| Collapse type | Mass Layoff Spiral |
| Founder | Ivan Soto-Wright |
MoonPay
"The celebrity-backed crypto on-ramp that raised $555M as the crypto on-ramp market evaporated"
Cascading layoffs that accelerated the decline
Key Events Timeline
MoonPay raised $555M in November 2021, backed by celebrities including Justin Bieber, Bruce Willis, and Snoop Dogg.
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