Key Takeaways
- • MoonPay and Dunamu are exploring a strategic collaboration on digital asset-based global financial infrastructure, focused on stablecoin payments, corporate finance and treasury management, and expansion of Dunamu's GIWA blockchain ecosystem, according to a PRNewswire release.
- • The two companies will jointly identify new business opportunities in cross-border payments and fund movement using stablecoins, reviewing use cases that combine MoonPay's global network with Dunamu's technology.
- • The partnership includes linking MoonPay's global services and partner network with GIWA to increase overseas market access for GIWA-based services and digital assets.
- • MoonPay describes the collaboration as at an exploratory stage, with plans to firm up technical and commercial potential in the coming period; no deal values or timelines were disclosed.
- • MoonPay, founded in 2019, reports more than 35 million customers in 180 countries and over 1,500 enterprise clients, and holds regulatory licenses in jurisdictions including the United States and European Union.
Summary
MoonPay, a crypto payments and stablecoin infrastructure company, and Dunamu, the operator behind the GIWA blockchain, are pursuing a strategic collaboration in digital asset-based global financial infrastructure, according to a PRNewswire announcement. The companies have not disclosed financial terms, deal values, or a launch timeline.
The partnership is organized around three areas. The first is stablecoin-based global payments and fund movement, where the companies will review cross-border payment and fund transfer cases and examine the business potential of new financial service models. The second is corporate finance and treasury management, where they will assess how digital asset-based infrastructure can support corporate finance and treasury operations and identify related usage models. The third is expansion of the GIWA ecosystem, under which the companies aim to broaden access to GIWA-based services and digital assets and strengthen the ecosystem's global connectivity by linking MoonPay's network with Dunamu's blockchain infrastructure.
Bugeon Lee, Head of APAC at MoonPay, said that for stablecoins to function as global financial infrastructure, the technology and network must support not only cross-border payments and fund transfers but also the real financial operations of businesses. He added that combining Dunamu's blockchain capabilities with MoonPay's financial infrastructure would explore new possibilities for digital assets.
According to the release, the companies plan to firm up the technical and commercial potential of these areas and continue identifying business opportunities drawing on both firms' strengths. MoonPay describes itself as a global financial technology company founded in 2019, serving more than 35 million customers in 180 countries and more than 1,500 enterprise clients, with products spanning payments, trading, commerce, and stablecoin infrastructure.
The partnership is organized around three areas. The first is stablecoin-based global payments and fund movement, where the companies will review cross-border payment and fund transfer cases and examine the business potential of new financial service models. The second is corporate finance and treasury management, where they will assess how digital asset-based infrastructure can support corporate finance and treasury operations and identify related usage models. The third is expansion of the GIWA ecosystem, under which the companies aim to broaden access to GIWA-based services and digital assets and strengthen the ecosystem's global connectivity by linking MoonPay's network with Dunamu's blockchain infrastructure.
Bugeon Lee, Head of APAC at MoonPay, said that for stablecoins to function as global financial infrastructure, the technology and network must support not only cross-border payments and fund transfers but also the real financial operations of businesses. He added that combining Dunamu's blockchain capabilities with MoonPay's financial infrastructure would explore new possibilities for digital assets.
According to the release, the companies plan to firm up the technical and commercial potential of these areas and continue identifying business opportunities drawing on both firms' strengths. MoonPay describes itself as a global financial technology company founded in 2019, serving more than 35 million customers in 180 countries and more than 1,500 enterprise clients, with products spanning payments, trading, commerce, and stablecoin infrastructure.
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