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Texans get new way to move and trade crypto as Moomoo expands

Reported by stocktitan
May 22, 2026· 2 min read
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Key Takeaways
  • • Moomoo launched a dedicated U.S. cryptocurrency trading service called Moomoo Crypto, enabling qualified state residents to trade up to 32 cryptocurrencies including Bitcoin and Ethereum beginning June 6, 2026.
  • • The platform will support over 30 coins in its initial rollout, significantly expanding Moomoo's product offering beyond equities, options, and ETFs into the digital assets market.
  • • Moomoo partnered with Coinbase to power its cryptocurrency trading infrastructure, leveraging an established exchange operator to deliver the service to its retail customer base.
  • • The company collaborated with Cboe to broaden user access to digital asset markets and enhance overall crypto trading experience for subscribers.
  • • The crypto expansion supports Moomoo's growth strategy as the global trading platform, which relocated its U.S. headquarters to Jersey City in 2024, continues to diversify revenue streams and enhance retail market participation in emerging asset classes.
Summary
Moomoo has entered the U.S. cryptocurrency trading market with the launch of Moomoo Crypto, a dedicated digital asset trading service designed for its American customer base. The platform will launch on June 6, 2026, and will be available to residents of qualified states. This expansion marks a significant strategic shift for the retail brokerage, which has historically focused on equities, options, ETFs, and fractional shares trading.

The new service will support up to 32 cryptocurrencies at launch, including major digital assets such as Bitcoin and Ethereum. This substantial coin offering positions Moomoo as a competitive entrant in the retail crypto trading space, providing existing customers with integrated access to digital assets alongside traditional securities within a unified trading platform. The breadth of supported cryptocurrencies reflects the company's ambition to capture retail demand for crypto exposure without requiring customers to migrate to separate exchanges.

Moomoo's expansion into cryptocurrency leverages strategic partnerships with established market infrastructure providers. The company partnered with Coinbase, a leading cryptocurrency exchange, to power the underlying trading infrastructure for Moomoo Crypto. Additionally, Moomoo collaborated with Cboe, a major options and derivatives exchange operator, to broaden user access to digital asset markets and enhance the overall crypto trading experience. These partnerships suggest Moomoo prioritized regulatory compliance and operational reliability by integrating with established, regulated participants in the cryptocurrency ecosystem.

The crypto launch supports Moomoo's broader strategy to diversify its product suite and increase retail participation in alternative asset classes. Moomoo, which relocated its U.S. headquarters to Jersey City in 2024, has been pursuing growth through both platform expansion and brand-building initiatives, including sports sponsorships. By offering cryptocurrency trading at competitive pricing—the platform charges $0 commissions on stock trades and crypto, with variable upstream provider fees—Moomoo aims to deepen engagement with its existing retail customer base while attracting new users seeking an integrated investment platform.

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