Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is reportedly considering acquiring a stake in MoonPay at a valuation of $5 billion. This potential investment aligns with MoonPay's ongoing efforts to finalize a new funding round. Since its inception in 2019, MoonPay has rapidly expanded its operations, acquiring four startups and launching a stablecoin business. The company's growth is further bolstered by new token listings, which have gained momentum amid regulatory changes such as the GENIUS Act. However, the risk of exchange hacks remains a significant concern for companies managing large volumes of cryptocurrency.