BBX Logo

MoonPay lands $200 million credit line from Galaxy to handle Trump memecoin-like frenzies

2025-03-20 14:32

MoonPay said it has secured a $200 million revolving credit line from Galaxy.The credit line is designed for moments of extreme liquidity demand, such as the recent Trump memecoin launch, MoonPay CEO Ivan Soto-Wright told The Block.

24/7 Flashes

More >
Today 2025-03-21
20:07

'Current approach is clearly a failure': SEC crypto task force roundtable debates future regulation of digital assets

20:01

The US stock market closed with the Nasdaq up 0.52%

20:00

This week, CME's holdings increased by 5.84%

18:51

Coinbase: DeFi should feel 'magical' for average consumers, says Coinbase product director behind new bitcoin-backed loans

18:13

Frequent fluctuations in the main force, BTC's short-term direction may face a critical turning point