Moonrock Capital invests in PlasmaPay ($PPAY)

We are proud to announce PlasmaPay as an addition to our portfolio.

PlasmaPay is a global cryptocurrency wallet and digital payments dApp (decentralized application) that provides fiat on/off ramp services via mobile and desktop apps to users from over 165 countries. Individuals and businesses can use the upcoming PlasmaPay dashboard to buy, sell or exchange digital assets and also send or receive cross-border payments. Built on their own public blockchain tech called the Plasma DLT (distributed ledger technology), PlasmaPay aims to be the missing link that connects the underbanked and unbanked population with the DeFi ecosystem to provide them financial services without banks.

“DeFi is undoubtedly one of the biggest and most promising movements the crypto market has experienced to date. However, I think we can all agree that it’s far from being ready to be mass adopted, due to yet to be solved problems like scalability issues, cost efficiency and most importantly, ease of use. There are several projects we are counting on to solve these issues to make DeFi mass adoption happen over the next years, and PlasmaPay definitely belongs to the most promising ones.“

— Simon Dedic, Managing Partner MRC

“We’re delighted to bring on a partner of the calibre of Moonrock Capital who share our vision of a world in which everyone can participate in DeFi. Their wealth of experience in the sector will prove invaluable to us as we seek to create a DeFi solution that anyone can easily use and access, with zero barriers to entry.”

— Ilia Maksimenka, CEO of PlasmaPay



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Moonrock Capital

Moonrock Capital is a Blockchain Advisory and Investment Firm, incubating and accelerating early stage startups since 2019.