finance
MoonPay Signs $100 Million Deal with Sodot and Introduces Institutional Service
MoonPay has signed a $100 million agreement with Sodot while introducing MoonPay Institutional. Caroline D. Pham described these moves as part of a major shift in financial markets toward instant settlement without failures or paperwork issues. The developments highlight blockchain's role in evolving financial systems.
Apr 29, 5:43 PM·1m read1 source
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MoonPay entered into a $100 million deal with Sodot, @CoinDesk reported. The company also launched MoonPay Institutional as part of its latest initiatives in the blockchain and financial sectors. Caroline D. Pham stated that society is living through the next big leap in financial markets involving instant settlement, no fails, and no paperwork crises.
She linked this advancement to the progression from paper to computers to blockchain. Pham further stated that the bet behind MoonPay's $100 million Sodot deal and the launch of MoonPay Institutional is instant settlement, no fails, and no paperwork crises.
These statements underscore the potential for blockchain to transform traditional financial processes.
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