Overview
- Bloomberg reports ICE is negotiating an investment as part of a funding round that could value MoonPay near $5 billion, up from $3.4 billion in 2021.
- MoonPay secured a NYDFS Limited Purpose Trust Charter alongside its BitLicense, enabling crypto custody in New York and placing it in the same regulatory cohort as Coinbase and PayPal.
- Acting CFTC chair Caroline Pham has confirmed she will join MoonPay as chief legal and administrative officer after departing the agency, with timing linked to Mike Selig’s confirmation.
- ICE’s talks follow a broader push into digital assets that includes operating Bakkt and a reported $2 billion commitment to Polymarket.
- MoonPay is expanding from payment on‑ramps to custody and institutional execution, and it is partnering with Exodus and M0 on a dollar‑backed stablecoin targeted for early 2026 pending regulatory approval.