Hardware wallet firm Trezor is reportedly looking to finalize its plan to support direct crypto purchases via a new alliance forged with the crypto fintech startup MoonPay.

Specifically, Trezor – the Czech Republic-based hardware wallet provider – has reportedly collaborated with MoonPay to make it possible for its clients to purchase crypto in a direct manner from their hardware wallet. 

Supported by high-profile industry investors including Tiger Global and Coatue, MoonPay operates as a crypto payment service that enables users to buy and sell cryptocurrencies and NFTs via debit cards, credit cards and other payment measures. 

In April this year, the firm successfully reeled in $87 million from investors like Justin Bieber and Snoop Dogg to concentrate on NFTs and Web3.

The partnership with MoonPay is reportedly an additional initiative to Trezor’s previous collaboration with Invity, a crypto exchange comparison tool integrated directly into the wallet.

Similar to Trezor, Invity operates as a startup functioning under the parent entity, SatoshiLabs. The platform establishes connections between customers with trusted partner exchanges to offer direct-to-custody trades with a variety of payment instruments. 

Combined, the three platforms provide buy, sell and exchange features directly in the Trezor wallet.

The new integration aims to make it possible for clients to purchase and sell a vast array of cryptocurrencies via a noncustodial crypto wallet, offering an enhanced level of protection for users’ funds. 

At the time of writing, Trezor supports over 1,000 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Tether (USDT), BNB, Cardano (ADA) and others.