Global: MoonPay Secures New York Trust Charter to Expand Regulated Digital Asset Services

MoonPay, a global leader in digital asset payment infrastructure, has received authorization from the New York State Department of Financial Services (NYDFS) to operate MoonPay Trust Company, LLC as a New York Limited Purpose Trust Company (LPTC).

The approval grants MoonPay permission to offer digital asset custody and over-the-counter (OTC) trading services under one of the world’s most stringent regulatory regimes—marking a significant advancement in the company’s strategy to build secure, compliant, and enterprise-grade Web3 infrastructure.

“This milestone reflects our commitment to the highest standards of compliance, security and governance,” said Ivan Soto-Wright, co-founder and CEO of MoonPay. “With this charter, we can deepen our engagement with global financial institutions, broaden our regulated product suite, and continue bridging traditional and digital finance in a trusted way.”

By obtaining the trust charter, MoonPay joins a select group of digital-asset firms—such as Coinbase, PayPal, Ripple and NYDIG—that hold both the NYDFS BitLicense and a New York Limited Purpose Trust Charter.

The establishment of MoonPay Trust Company strengthens the company’s global regulatory footprint, complementing its existing licenses across multiple jurisdictions and reinforcing its focus on institutional and enterprise clients. The trust framework may also provide a compliant foundation for future stablecoin issuance, subject to further NYDFS approvals.