Intercontinental Exchange Inc. (ICE), the operator of the New York Stock Exchange, is in discussions to invest in crypto payments company MoonPay, people familiar with the matter said, per Bloomberg. 

The potential funding round could value MoonPay at roughly $5 billion, up from its previous $3.4 billion valuation, according to the sources, who requested anonymity due to the private nature of the talks.

MoonPay, based in New York, provides infrastructure for users to buy and sell cryptocurrencies. The company recently secured a Limited Purpose Trust Charter from the New York Department of Financial Services, a move that complements its existing BitLicense and allows it to expand…

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