Galaxy backs MoonPay with $200m credit line to fuel digital asset growth

March 24, 2025

Digital asset payments platform MoonPay has secured a $200m revolving credit line from digital asset-focused financial services firm Galaxy.

The funding, one of the largest revolving credit lines in the digital asset sector, comes as MoonPay experiences significant momentum.

MoonPay enables users and businesses to buy, sell, and manage digital assets through seamless payment solutions.

The $200m credit facility is intended to help MoonPay manage growing demand, maintain liquidity, and ensure uninterrupted service delivery.

In 2024, MoonPay ended the year cash-flow positive and profitable, achieving 112% year-on-year net revenue growth.

MoonPay co-founder and CEO Ivan Soto-Wright said, “The recent surge in crypto demand has demonstrated the critical importance of robust and scalable infrastructure.

“This revolving credit line from Galaxy provides us with the financial flexibility to meet the increased demand and continue delivering an exceptional user experience. We are thrilled to partner with Galaxy, a recognized leader in the digital asset space, to support our continued growth and expansion.”

Galaxy founder and CEO Mike Novogratz added, “Galaxy is excited to support MoonPay, reinforcing our commitment to driving growth and broadening access within the digital asset ecosystem. Initiatives like this are key to the continued expansion and maturity of the industry, and we look forward to our ongoing collaboration.”