MoonPay Launches Platform for Institutional Access to Digital Assets

MoonPay has made a significant move in the cryptocurrency space with the launch of MoonPay Trade, a platform that provides financial institutions with a gateway to digital assets and cross-chain transactions.

The platform allows applications, financial institutions, and enterprises to access digital assets and move value across over 200 blockchains and protocols through a single API. This simplifies the process of onchain transaction execution, settlement, conversion, and payments in over 120 fiat currencies.

MoonPay Trade is seen as a key infrastructure that bridges traditional payment rails with onchain markets at scale, meeting the growing demand for tokenized assets. As the market for tokenized real-world assets reaches $18.9 trillion by 2033, according to Boston Consulting Group's projection, MoonPay Trade is poised to play a significant role in this growth.