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Dorsia launches crypto payments with $175 million MoonPay deal

Dorsia launches crypto payments with $175 million MoonPay deal

GrafaGrafa2025/04/24 03:50
By:Mahathir Bayena

Luxury hospitality platform Dorsia has introduced cryptocurrency payments for users in the United States, United Kingdom, Europe, and six Middle Eastern countries through a partnership with MoonPay.

The integration allows Dorsia members to book luxury travel experiences and complete transactions using USDC (CRYPTO:USDC) and Solana-based (CRYPTO:SOL) tokens directly within the app.

“Integrating crypto payments is a natural next step in aligning with the evolving preferences of our members,” said Marc Lotenberg, founder and CEO of Dorsia.

Dorsia operates a membership-based system that provides access to high-end restaurants and cultural experiences, using dynamic pricing rather than traditional booking models.

The luxury travel market is projected to reach $2.3 trillion by 2030, according to Grand View Research.

Dorsia has raised $50.4 million in Seed and Series A funding rounds, with investors including Index Ventures, RedSea, and individuals from Meta, Uber, and other firms.

MoonPay, which recently acquired Solana-based payment processor Helio (CRYPTO:HELIO) in a $175 million deal, has expanded its crypto payment services to luxury brands like Gucci, Bugatti, and Christie’s.

Ivan Soto-Wright, MoonPay’s CEO, highlighted the company’s role in providing crypto on-ramps for high-net-worth clients.

MoonPay reported a 112% increase in net revenue in 2024 and a 123% rise in transaction volume in the first quarter of 2025.

The Helio acquisition broadened MoonPay’s payment partnerships, enabling integrations such as the one with Dorsia.

MoonPay also acquired Iron to support stablecoin payments for merchants.

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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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