Keith Grossman is leaving Time magazine to join crypto payments startup MoonPay. Grossman will serve as president of MoonPay’s enterprise division.
2. Grossman’s goal is to help usher brands and large companies into Web3. Grossman cites the challenges in onboarding users and companies into the crypto space as a key reason for joining MoonPay.
3. MoonPay launched in 2019 and offers payments infrastructure for buying and selling cryptocurrency. The company was valued at $3.4 billion when it announced a $555 million Series A funding round in November 2021. MoonPay expanded that round with nearly $87 million more in April 2022.
