MoonPay partners with Trezor to enable customers direct purchase of crypto

Crypto payment provider MoonPay has partnered with hardware wallet firm Trezor to allow users to purchase crypto directly from their hardware wallets. 

MoonPay has become the crypto payment solution of choice for celebrities like Justin Bieber, Snoop Dog and Gwyneth Paltrow and by partnering with Trezor users's funds will be stored in one of crypto's most trusted storage products. 

Trezor provides two types of hardware wallets, which act as a encrypted USB sticks on which users can safely store their crypto. 

Trezor was an essential tool for crypto investors in the early days of the industry, since banks and other traditional institutions did not custody crypto. 

“By allowing Trezor owners to buy crypto directly from their wallet, we’re tapping into a committed cohort of cryptocurrency users who take security very seriously,” said Antonio Talledo, senior business development manager at MoonPay.

Through the partnership, MoonPay customers will also get access to crypto exchange comparison tool Invity, which was integrated into Trezor's hard wallet in December 2021. 

Invity CEO Stephan Uherik said: “Making Bitcoin and other crypto easy to access means more individuals will control their money independently". 

Since launching in 2019, Moonpay closed a $555m funding round in Nobember 2021,  bringing the payment providers valuation to $3.4bn