MoonPay, the global leader in crypto payments, announced the opening of a new United States headquarters in New York City, solidifying its commitment to expanding its operational footprint in the country.
The 5,000+ square-foot space, located in Manhattan’s vibrant SoHo neighborhood, marks MoonPay’s largest U.S. office to date and will serve as a central hub for its growing U.S. workforce.
This announcement follows an exceptional period of 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 in Q1 2025, which became MoonPay’s strongest quarter ever—driven by surging crypto market activity and the company’s market-leading performance. Transaction volume increased 123% QoQ, while net revenue grew 43% QoQ, surpassing the full-year results of 2023 and delivering higher cash profitability than all of 2024.
MoonPay currently employs nearly 70 team members in the U.S., representing approximately 20% of its global workforce. The U.S. is now the company’s second-largest employee hub, only surpassed by the UK, where MoonPay 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 and lifelong New Yorker. “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 coincides with a pivotal moment for the U.S. crypto industry, as regulatory clarity continues to take shape. The company remains actively engaged in supporting the development of a regulatory framework that fosters innovation while protecting consumers—last month, MoonPay CEO Ivan Soto-Wright participated in the Commodity Futures Trading Commission’s (CFTC) Crypto CEO Forum, joining industry leaders from Tether, Ripple, Coinbase, Circle and Crypto.com. Additionally, Soto-Wright recently sent a letter to Congress supporting amendments proposed by the Conference of State Bank Supervisors (CSBS) to the STABLE and GENIUS Acts. The letter advocated for equal recognition of state-regulated stablecoin issuers, warning against legislation that could sideline state-level innovators and stifle competition.
MoonPay’s new office adds it to the ranks of major crypto firms with an established presence in New York City, including Coinbase, Gemini, Consensys, and Chainalysis.