Web3 infrastructure firm MoonPay branches off to create MoonPay Ventures, which will direct the firm to invest in web3 infrastructure and gaming.

MoonPay, a web3 infrastructure firm, has launched an investment division named MoonPay Ventures. This new branch aims to focus on nurturing early-stage startups specializing in web3 technology, gaming, and closely related fintech sectors. The news comes as the company acknowledges the increasing significance of web3 and its role as a catalyst in the emerging digital ecosystem.