Moonpay provides a $ 200 million credit from the galaxy

Moonpay provided 200 million credit lines of $ 200 million from the galaxy, the main company of financial services of digital assets, such as the crypto industry experience of renewed swing.

Funding will provide the moonlight with liquidity to deal with growing amounts of transaction and supports its global growth, according to the note shared with crypto.news.

Prastling in the crypt of activity increased the need for scalable payment infrastructure, and the lunar last funding is directed to ensure careless delivery of services.

The whole Ivan Soto-Vright emphasized the importance of financial flexibility in solving increased demand.

“The recent increase in the demand of Kripto has shown the critical importance of robust and scalable infrastructure,” he said. “This revolving credit line from the galaxy allows us to fulfill increased demand while maintaining exceptional user experience.”

The credit line comes into the rotary time for the moonlight, which ended in 2024. years, achieving the positivity of cash flow flow and 112% of the oversized growth of transmission revenues.

Company positioned As a key player in cryptou Paying sectorFacilitation of seamless transactions for the users in the global side.

Using this funding, it is set to be convinced of the absorption of growing adoption of digital assets and strengthens its role in the developing global cryptus economy.