MoonPay, the leading provider of crypto payment solutions globally, announced a major regulatory breakthrough. The New York State Department of Financial Services (NYDFS) has granted a charter to MoonPay Trust Company LLC, a New York Limited Purpose Trust Company (LPTC).
🗽 MoonPay is now authorized by NYDFS to operate MoonPay Trust Company in New York!
🍎 this expanded regulatory footprint unlocks digital asset custody and OTC trading for our financial infrastructure
🚀 NY BitLicense + Trust Charter = a new era of compliant innovation pic.twitter.com/LtTuZuxY1k
— MoonPay 🟣 (@moonpay) November 25, 2025
A Green Light for Key Digital Asset Services
The newly acquired charter enables MoonPay to offer essential digital asset services, specifically custody and over-the-counter (OTC) trading, under one of the world’s most stringent and respected regulatory frameworks. This milestone reinforces the company’s commitment to building secure, compliant, and scalable financial infrastructure.
Ivan Soto-Wright, co-founder and CEO of MoonPay, claimed:
“Receiving our New York Trust Charter reflects our commitment to meeting the highest standards of compliance, security, and governance. It enables us to deepen relationships with global financial institutions, expand our regulated service offerings, and continue bridging traditional and digital finance in a trusted way.”
Joining an Exclusive Regulatory Club
The approval places MoonPay in an elite category of digital asset companies operating in New York. The company now joins industry heavyweights, including prominent names like Coinbase, PayPal, and Ripple, that have secured both the NYS BitLicense and a New York Limited Purpose Trust Charter.
This launch expands MoonPay’s regulated presence worldwide, complementing its existing financial licenses across multiple international jurisdictions. The creation of MoonPay Trust Company is a clear indication of its focus on institutional and enterprise customers.
Apart from this, the new Trust Company also provides a potentially compliant pathway for future stablecoin issuance, although any additional services will require explicit approval from the NYDFS.