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MoonPay and Zengo Combine Enhanced Security with User-Friendly Design to Broaden Cryptocurrency Accessibility

MoonPay and Zengo Combine Enhanced Security with User-Friendly Design to Broaden Cryptocurrency Accessibility

Bitget-RWA2025/11/22 20:42
By:Bitget-RWA

- MoonPay Ventures invests in Zengo Wallet to expand crypto access through integrated payment solutions and security-first design. - Zengo users gain card/bank payment options and Pro-tier benefits, while leveraging MPC-based keyless recovery to eliminate seed phrase risks. - The partnership combines MoonPay's global compliance (U.S., EU, etc .) with Zengo's institutional-grade security to lower blockchain adoption barriers. - Virtual Accounts via MoonPay's Iron subsidiary will enhance business treasury so

MoonPay Ventures, the investment division of crypto payments giant MoonPay, has revealed a strategic investment in Zengo Wallet, a self-custody crypto wallet, as part of an expanded partnership. This collaboration

for Zengo's Buy and Sell Crypto services, with the goal of making digital assets more accessible while prioritizing security and user convenience.

Through this partnership, Zengo users can add funds to their wallets using widely used payment options like credit and debit cards, bank transfers, Apple Pay, Google Pay,

, and Venmo. Those subscribed to Zengo Pro receive perks such as reduced fees, enhanced tools, and more detailed transaction analytics, . Ivan Soto Wright, MoonPay’s co-founder and CEO, highlighted that the partnership combines Zengo’s security-centric philosophy with MoonPay’s worldwide payment network to " ."

MoonPay and Zengo Combine Enhanced Security with User-Friendly Design to Broaden Cryptocurrency Accessibility image 0
Zengo, which boasts more than 2 million users in over 180 countries, is recognized for its MPC (multi-party computation) keyless recovery technology, which removes the risks associated with seed phrases. The wallet also provides advanced security options such as Vaults and inheritance-style features for Pro members . Ouriel Ohayon, Zengo’s co-founder and CEO, remarked that the alliance demonstrates a mutual goal of making self-custody " ," with MoonPay’s infrastructure enabling quicker integration into the blockchain world.

MoonPay Ventures’ funding aims to fuel Zengo’s international expansion and product innovation, including new offerings like Virtual Accounts powered by Iron, a MoonPay subsidiary. These accounts will let businesses using Zengo’s institutional treasury platform fund accounts more effectively

. This investment also supports MoonPay’s larger objective of advancing widespread crypto adoption, as the company provides infrastructure for nearly 500 decentralized economy organizations and serves 30 million users worldwide .

This partnership highlights a rising movement in the crypto sector: merging strong security with intuitive user experiences to make entry easier. Zengo’s emphasis on MPC cryptography and MoonPay’s regulatory credentials (licensed in the U.S., UK, EU, Canada, and Australia) make this collaboration a notable milestone toward broader adoption

.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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