Key facts
- MoonPay has acquired crypto infrastructure startup Glide.
- Glide's technology focuses on simplifying cross-chain crypto deposits.
- Glide was founded by former Robinhood Wallet engineers Tushar Soni and Qinyu Tong.
- The acquisition aims to enhance MoonPay's digital asset infrastructure.
- This marks MoonPay's sixth acquisition in 2026.
MoonPay, a financial technology platform specializing in fiat-to-crypto payments, has acquired the crypto infrastructure startup Glide. The acquisition aims to bolster MoonPay's capabilities in cross-chain crypto deposit infrastructure by integrating Glide's deposit and routing technology.
Glide was founded in 2023 by Tushar Soni and Qinyu Tong, who previously worked on the Robinhood Wallet team. The startup was established to address the complexities users face when depositing funds, such as assets being on the wrong chain, in the wrong token, or held on an exchange. Glide supports over 100 tokens across 30 blockchain networks, facilitating smoother fund transfers by eliminating the need for manual bridges and swaps.
MoonPay CEO Ivan Soto-Wright stated that the acquisition aligns with the company's broader strategy to become a comprehensive digital asset infrastructure provider. He highlighted that Glide's technology addresses a significant pain point in crypto transfers, where users often lose funds due to errors in token or chain selection. This move follows MoonPay's recent acquisitions in security, trading, and accounting capabilities, further expanding its digital asset infrastructure stack.
The financial terms of the acquisition were not disclosed. This marks MoonPay's sixth acquisition announcement of 2026, continuing its expansion through strategic deals.