MoonPay Gains NY Trust Charter, Bridging Finance & Crypto
Update: 2025-11-25
Description
MoonPay, a cryptocurrency financial technology company, has received approval to operate as a New York Limited Purpose Trust Company, enabling them to offer crypto custody and OTC trading services to large institutions. This marks a significant step for MoonPay, placing them among an elite group of digital asset firms like Coinbase, PayPal, and Ripple. The new charter allows MoonPay to act as a fiduciary, securely holding and managing digital assets for clients, and deepen relationships with global financial institutions.
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