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We’re thrilled to announce that the New York State Department of Financial Services (NYDFS) has authorized MoonPay Trust Company, LLC, a New York Limited Purpose Trust Company (LPTC), to begin providing services to customers.
Authorization enables us to provide digital asset custody and over-the-counter (OTC) trading under one of the world’s most respected regulatory frameworks.
In June 2025, we secured our BitLicense from the NYDFS, allowing us to serve customers directly in all 50 U.S. states. These milestones complement our registrations in the UK, Australia, Canada, Italy, Ireland, and Jersey, as well as our crypto asset service provider license under the EU’s Markets in Crypto Assets (MiCA) regulation.
“Receiving our New York Trust Charter reflects our commitment to meeting the highest standards of compliance, security, and governance,” said Ivan Soto-Wright, co-founder and CEO of MoonPay. “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.”
With this approval, we join a select group of digital-asset companies that have obtained both the NYS Bitlicense and New York Limited Purpose Trust Charters, including Coinbase, PayPal, Ripple, and NYDIG.
This milestone marks another major step in our mission to deliver secure, compliant, and scalable financial infrastructure for institutional and enterprise partners.
Read our full announcement here.