According to The Information, citing sources, insiders such as Ivan Soto-Wright, co-founder and CEO of encrypted payment platform MoonPay, received $150 million in a Series A round of financing in November 2021. Among them, during the A round of financing in 2021, MoonPay raised US$555 million at a valuation of US$3.4 billion. Tiger Global Management and Coatue Management participated in the investment, and part of the funds were used to purchase from existing shareholders (such as Ivan Soto-Wright). shares. “MoonPay raised $405 million through selling shares to investors, with the remaining $150 million representing insiders cashing out their holdings in secondary transactions,” the source said, weeks after the Series A funding round, Ivan Soto-Wright Bought a $38 million mansion in Miami.