MoonPay Secures New York Trust Charter to Expand Regulated Custody Services
MoonPay has obtained a New York Limited Purpose Trust Company charter, expanding its capacity to provide institutional-grade digital asset custody and trading services. The charter places the company under New York oversight and establishes a regulated framework for holding client assets and supporting trading operations aimed at larger, professional counterparties.
The approval matters because New York trust charters are among the most rigorous in the U.S., and securing one can increase institutional confidence and market access. With the charter in hand, MoonPay can operationalize custody and regulated trading offerings that complement its payments and P2P flows, potentially positioning it more directly against other regulated custodians while signaling a deeper compliance posture to partners and clients.