MoonPay Bolsters Crypto Deposits with Acquisition of Glide

MoonPay has acquired Glide to bolster its crypto deposits infrastructure, integrating Glide's deposit and routing technology into MoonPay Deposits.

Glide was founded in 2023 by Tushar Soni and Qinyu Tong, former members of the team behind Robinhood Wallet. The company aimed to help applications accept deposits from different tokens, wallets, exchanges, and payment sources, supporting more than 100 tokens across 30 blockchain networks.

MoonPay CEO Ivan Soto-Wright said the acquisition fits into the company's broader infrastructure strategy, following recent deals for security, trading, and accounting capabilities. He added that Glide addresses one of the biggest pain points in crypto transfers: users losing funds because they send the wrong token on the wrong chain.

The deal marks MoonPay's sixth acquisition announcement of 2026, as the company continues expanding its digital asset infrastructure stack through acquisitions including Sodot, Decent and DFlow, Entendre, and Dawn Labs. Former acting chair of the US Commodity Futures Trading Commission, Caroline Pham, was named chief legal officer and chief administrative officer late last year.