Crypto Payments Firm MoonPay and NFT Marketplace LooksRare Ink Partnership

LooksRare users can buy and sell cryptocurrencies through MoonPay, which will allow users to purchase NFTs with a credit card.

AccessTimeIconFeb 9, 2023 at 3:23 p.m. UTC
Updated Feb 9, 2023 at 5:39 p.m. UTC

Web3 payments firm MoonPay is teaming up with non-fungible token (NFT) marketplace LooksRare to allow traders to easily purchase cryptocurrency and NFTs on the platform, the companies said Thursday.

MoonPay’s infrastructure aims to help onboard LooksRare customers to Web3 and will offer a suite of products to facilitate efficient transactions. Its "NFT Checkout" allows collectors to purchase NFTs with a debit or credit card without first purchasing cryptocurrency. It will also let MoonPay users purchase LOOKS, the marketplace’s native token.

"From day one, we've wanted MoonPay to be a platform that increases access and usability for the Web3 community and this partnership is another step in driving that vision,” Oliver Jeffcott, senior business development manager at MoonPay, said in a press release.

After raising $555 million in November 2021, MoonPay has been tapping into strategies to more efficiently facilitate crypto payments to help onboard users to Web3. In June, the company partnered with Mastercard to allow customers to purchase NFTs directly with a credit card.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Cam Thompson

Cam Thompson was a news reporter at CoinDesk.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.