MoonPay Establishes US HQ in New York City

MoonPay, a global leader in crypto payments, has announced the opening of its new U.S. headquarters in New York City, further solidifying its commitment to expanding its operations within the country. The 5,000+ square-foot office, located in Manhattan’s vibrant SoHo neighborhood, will serve as the central hub for MoonPay’s growing U.S. workforce and marks the company’s largest office in the U.S. to date.

This announcement follows a period of exceptional growth for MoonPay. In 2024, the company achieved its strongest financial performance in history, finishing the year cash-flow positive and profitable. The momentum continued into Q1 2025, which became the company’s strongest quarter ever, driven by surging crypto market activity. Transaction volume surged 123% quarter-over-quarter (QoQ), and net revenue grew 43% QoQ, surpassing the full-year results of 2023 and delivering higher cash profitability than all of 2024.

U.S. is now MoonPay’s second-largest employee hub

MoonPay currently employs nearly 70 team members in the U.S., representing about 20% of its global workforce. The U.S. is now MoonPay’s second-largest employee hub, only surpassed by the UK, where the company opened its largest global office in 2024.

“New York City is the global epicenter for finance, technology, and innovation,” said Keith A. Grossman, President of Enterprise at MoonPay. “We could not be more thrilled to establish our U.S. headquarters in this great city as our country continues to establish more clarity surrounding regulatory, legislative, banking, and accounting activity within the crypto ecosystem.”

MoonPay’s expansion comes at a pivotal moment for the U.S. crypto industry, with regulatory clarity continuing to evolve. The company is actively engaged in supporting the development of a regulatory framework that fosters innovation while ensuring consumer protection. Last month, MoonPay CEO Ivan Soto-Wright participated in the Commodity Futures Trading Commission’s (CFTC) Crypto CEO Forum, where he joined industry leaders from Tether, Ripple, Coinbase, Circle, and Crypto.com. Additionally, Soto-Wright recently sent a letter to Congress advocating for amendments proposed by the Conference of State Bank Supervisors (CSBS) to the STABLE and GENIUS Acts, supporting the equal recognition of state-regulated stablecoin issuers and urging against legislation that could stifle competition and sideline state-level innovators.

MoonPay’s new office joins the ranks of other major crypto firms with established presences in New York City, including Coinbase, Gemini, Consensys, and Chainalysis.