More than 60 entertainment stars and celebrities have collectively invested $87 million in crypto payment service provider MoonPay.
Investors include Ashton Kutcher, Bruce Willis, Drake, Gwyneth Paltrow, Snoop Dogg, Justin Bieber and Paris Hilton.
“The strategic investors represent industries on the cusp of being transformed by Web3 technology, which is changing the way creatives, artists and athletes approach art, fan engagement and intellectual property management,” MoonPay said in a Press release of April 13th.
"Web3 inspires the entertainment industry and commerce in general to reinvent the way we create community, connect with fans, create value and manage intellectual property," said Gwyneth Paltrow. “We are excited to invest in MoonPay because we believe their technology is best positioned to make cryptocurrency participation more accessible.”
In January, MoonPay launched a plug-and-play NFT Checkout solution that enables NFT purchases via credit and debit cards.
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