{"id":127809,"date":"2025-04-23T19:16:10","date_gmt":"2025-04-23T19:16:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127809"},"modified":"2025-04-23T19:16:10","modified_gmt":"2025-04-23T19:16:10","slug":"luxury-app-dorsia-taps-moonpay-for-crypto-payments","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127809","title":{"rendered":"Luxury app Dorsia taps MoonPay for crypto payments"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsLuxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations.<br \/>\nThe payments feature is being enabled through a partnership with MoonPay, the companies told Cointelegraph. With the integration, users will be able to book luxury travel experiences and complete transactions directly in USDC (USDC) and Solana-based tokens through the Dorsia app.<br \/>\n\u201c integrating crypto payments is a natural next step in aligning with the evolving preferences of our members,\u201d Marc Lotenberg, founder and CEO of Dorsia, said in an interview.<br \/>\nDorsia is the latest luxury firm to turn to crypto services for high-net-worth individuals. The industry has been highly active in the Web3 space over the past few years, exploring crypto on-ramps and customer engagement features, such as non-fungible tokens and metaverses.<br \/>\nLuxury carmakers Lamborghini and Ferrari, and watchmakers like Patek Philippe, are a few companies accepting payments in cryptocurrencies.<br \/>\nDorsia is a luxury hospitality app that connects its members with high-end restaurants and cultural experiences. Instead of traditional booking models, Dorsia uses dynamic pricing and a membership-based system for reservations at luxury facilities. According to Grand View Research, the luxury travel market is expected to reach $2.3 trillion by 2030.<br \/>\nRelated: Gucci the latest luxury brand to accept crypto payments in store<br \/>\nThe company has raised a total of $50.4 million in funding across Seed and Series A rounds. Major backers include Index Ventures, RedSea, and individuals from Meta, Uber, Atomic, Groot Hospitality, and the Rockwell Group.<br \/>\nRelated: Polygon-based lending platform to provide crypto liquidity for luxury items<br \/>\nMoonPay expands in 2024<br \/>\nDorsia isn\u2019t the first luxury brand to partner with MoonPay. According to the company&#8217;s CEO, Ivan Soto-Wright, it also offers a crypto on-ramp for clients like fashion house Gucci, carmaker Bugatti, and auction house Christie\u2019s.<br \/>\nMoonPay&#8217;s net revenue increased 112% in 2024, while transaction volume in Q1 2025 soared 123%, according to the company.<br \/>\nIn January, MoonPay acquired the Solana-based payment processor Helio in a $175 million deal. The acquisition enabled a broader range of partnerships for payments, including with Dorsia, the company revealed. MoonPay has also recently acquired Iron to facilitate payments in stablecoins for merchants.<br \/>\nMagazine: AI Eye: AI travel booking hilariously bad, 3 weird uses for ChatGPT, crypto plugins<a href=\"https:\/\/cointelegraph.com\/news\/luxury-app-dorsia-moonpay-crypto-payments?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsLuxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations. The payments feature is being&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127809"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127809"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127809\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127809"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}