MoonPay and Zengo Combine Enhanced Security with User-Friendly Design to Broaden Cryptocurrency Accessibility
- MoonPay Ventures invests in Zengo Wallet to expand crypto access through integrated payment solutions and security-first design. - Zengo users gain card/bank payment options and Pro-tier benefits, while leveraging MPC-based keyless recovery to eliminate seed phrase risks. - The partnership combines MoonPay's global compliance (U.S., EU, etc .) with Zengo's institutional-grade security to lower blockchain adoption barriers. - Virtual Accounts via MoonPay's Iron subsidiary will enhance business treasury so
MoonPay Ventures, the investment division of crypto payments giant MoonPay, has revealed a strategic investment in Zengo Wallet, a self-custody crypto wallet, as part of an expanded partnership. This collaboration
Through this partnership, Zengo users can add funds to their wallets using widely used payment options like credit and debit cards, bank transfers, Apple Pay, Google Pay,
MoonPay Ventures’ funding aims to fuel Zengo’s international expansion and product innovation, including new offerings like Virtual Accounts powered by Iron, a MoonPay subsidiary. These accounts will let businesses using Zengo’s institutional treasury platform fund accounts more effectively
This partnership highlights a rising movement in the crypto sector: merging strong security with intuitive user experiences to make entry easier. Zengo’s emphasis on MPC cryptography and MoonPay’s regulatory credentials (licensed in the U.S., UK, EU, Canada, and Australia) make this collaboration a notable milestone toward broader adoption
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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