MoonPay Eyes $5 Billion Valuation as NYSE Parent ICE Considers Investment

Crypto payment gateway MoonPay is reportedly nearing a major funding milestone that could value the company at approximately $5 billion. Leading the interest is the Intercontinental Exchange (ICE), the parent organization of the New York Stock Exchange, signaling a significant bridge between traditional finance and the digital asset sector.

Regulatory Wins and Expansion

MoonPay, which facilitates crypto transactions via mainstream tools like PayPal and Apple Pay, recently secured a Limited Purpose Trust Charter from the New York Department of Financial Services. This adds to its existing BitLicense, allowing the firm to provide custody services in New York alongside industry giants like Coinbase.

High-Profile Leadership Move

In a major strategic hire, Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), is set to join MoonPay as Chief Legal and Administrative Officer.

• Pham’s Background: Since becoming acting chair in early 2025, Pham has been credited with streamlining CFTC operations—saving the agency $50 million—and advancing policies that integrated Bitcoin and Ethereum into derivatives markets.
• Transition: She plans to move to the private sector following the expected confirmation of Mike Selig as the new permanent CFTC chair.
• Strategic Fit: MoonPay President Keith Grossman noted that Pham’s extensive experience in "big bank" regulations is essential for the company’s next phase of growth.

A Relationship-Driven Move

Pham’s transition to MoonPay grew out of a professional relationship with Grossman that began at a 2023 industry event. She emphasized that her career choices are guided by meaningful connections and a shared vision for regulatory clarity and efficiency within the crypto space.

December 2025, Cryptoniteuae