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SKN | MoonPay Acquires Glide to Simplify Cross-Chain Crypto Deposits

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Key Points:

  • MoonPay has acquired crypto infrastructure startup Glide to strengthen its digital asset infrastructure platform.
  • Glide’s technology enables users to deposit crypto from more than 100 tokens across 30 blockchain networks through a unified interface.
  • The acquisition supports MoonPay’s strategy of expanding beyond fiat-to-crypto payments into full digital asset infrastructure.
  • Glide’s deposit technology will be integrated into MoonPay Deposits, which already powers several digital asset applications.

MoonPay Expands Infrastructure Through Glide Acquisition

Digital asset payments company MoonPay has acquired crypto infrastructure startup Glide, adding cross-chain deposit and routing technology to its growing suite of blockchain services.

The acquisition forms part of MoonPay’s broader strategy to evolve from a cryptocurrency payments provider into a comprehensive digital asset infrastructure company capable of supporting developers, financial platforms and blockchain applications.

Financial terms of the transaction were not disclosed.

Glide Simplifies Crypto Deposits

Founded in 2023 by former Robinhood Wallet engineers Tushar Soni and Qinyu Tong, Glide was created to eliminate one of the most common pain points in cryptocurrency transfers: moving assets between different wallets, blockchains and tokens.

The platform enables users to fund wallets using assets from multiple sources without manually performing token swaps or bridging assets across blockchain networks.

According to the company, Glide currently supports more than 100 cryptocurrencies operating across 30 blockchain networks, providing a unified deposit experience regardless of where a user’s assets are held.

Solving Cross-Chain Complexity

The founders said the company initially focused on wallet infrastructure before identifying deposits as a much larger challenge facing users of blockchain applications.

Many users hold assets on different blockchains, centralized exchanges or payment platforms, often requiring multiple steps before they can use decentralized applications.

Glide’s technology automates much of that process by routing deposits behind the scenes, reducing friction and minimizing the risk of sending unsupported assets to incompatible networks.

The approach aims to make blockchain applications easier to use for both newcomers and experienced cryptocurrency users.

MoonPay Broadens Its Digital Asset Platform

Following the acquisition, Glide’s technology will become part of MoonPay Deposits, a service already integrated into several blockchain applications.

MoonPay said the addition strengthens its broader infrastructure offering as it continues expanding beyond payment processing into services supporting custody, trading, accounting and blockchain operations.

Company executives described the acquisition as another step toward building infrastructure that hides much of the complexity associated with blockchain transactions from end users.

Acquisition Strategy Continues

Glide represents MoonPay’s sixth acquisition announced during 2026.

The company has steadily expanded its technology stack through acquisitions spanning trading infrastructure, blockchain security, accounting tools and decentralized finance technology.

The strategy reflects growing competition among digital asset infrastructure providers seeking to supply the underlying technology powering cryptocurrency wallets, fintech platforms and blockchain-based financial services.

Outlook

MoonPay’s acquisition of Glide underscores the industry’s increasing focus on improving user experience as blockchain adoption expands. By simplifying cross-chain deposits and reducing transaction complexity, infrastructure providers are working to remove technical barriers that have historically limited mainstream cryptocurrency adoption. As digital asset ecosystems become increasingly interconnected, seamless deposit and routing solutions are expected to play an increasingly important role in the evolution of blockchain-based financial services.

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