MoonPay has acquired crypto deposits startup Glide in an all-equity transaction, adding another infrastructure company to its expanding digital asset payments business. The deal was completed
MoonPay has acquired crypto deposits startup Glide in an all-equity transaction, adding another infrastructure company to its expanding digital asset payments business. The deal was completed for an undisclosed amount, with both companies confirming that Glide’s team and technology will become part of MoonPay’s operations.
The acquisition strengthens MoonPay’s capabilities in crypto deposits, an area focused on helping users move digital assets into wallets and decentralized applications with fewer technical steps. Founded in 2023, Glide developed software that allows applications to accept deposits from multiple funding sources, including crypto wallets, centralized exchanges, payment cards, and different blockchain networks.
MoonPay said Glide’s technology will be integrated into its existing MoonPay Deposits product, which is already used by several crypto platforms. Rather than requiring users to manually bridge assets or perform token swaps before funding an application, Glide’s routing system automatically selects a suitable transfer path across supported blockchain networks.
MoonPay announced the acquisition of Glide, saying the move expands its crypto deposit infrastructure by enabling frictionless deposits from any token, wallet, exchange, or payment card while bringing the Glide team into the company.BREAKING: MoonPay has acquired Glide
Glide makes it easy and frictionless for apps to accept crypto deposits from any token, wallet, exchange or card
welcome to the family! pic.twitter.com/IvNfqJwio1
— MoonPay
(@moonpay) July 16, 2026
The transaction highlights a growing focus among crypto infrastructure providers on simplifying one of the industry’s biggest onboarding challenges: moving assets across fragmented blockchain ecosystems.
Unlike traditional fiat payment rails, crypto users frequently need to bridge tokens between networks or swap assets into supported currencies before completing deposits. These extra steps can increase transaction costs, delay onboarding, and discourage new users.
Glide’s infrastructure attempts to reduce this complexity by supporting:
According to MoonPay, Glide currently processes more than $100 million in annualized transaction volume across its network.
The Glide acquisition continues MoonPay’s active expansion through mergers and acquisitions over the past two years. Recent deals include MoonPay Acquires Entendre, which strengthened the company’s AI-powered finance and accounting automation capabilities, alongside acquisitions focused on cryptographic security, stablecoin infrastructure, Solana payments, and crypto deposit technology. Instead of building every product internally, the company has increasingly purchased specialized infrastructure providers covering different parts of the crypto transaction lifecycle.
Recent acquisitions have included businesses focused on:
The company has also relied heavily on equity-based acquisitions rather than cash transactions. Similar structures were previously used in several announced deals, allowing acquired teams to receive equity while preserving MoonPay’s cash reserves. MoonPay Acquires Dawn Labs is another example of the company’s acquisition-led growth strategy across crypto infrastructure.
Glide was founded by Tushar Soni and Qinyu Tong, who previously worked on Robinhood’s crypto wallet team before launching the startup through Y Combinator.
The company remained relatively small, employing four people at the time of the acquisition. All employees are expected to join MoonPay following the completion of the transaction, according to statements from Glide’s leadership. The startup also served more than 50 business customers before the acquisition.
The acquisition reflects a broader shift across the crypto industry toward infrastructure that abstracts away blockchain complexity for both users and developers. Similar to MoonPay Acquires Decent, the Glide deal underscores the company’s strategy of expanding its digital asset infrastructure through targeted acquisitions. As stablecoins, tokenized assets and cross-chain applications continue expanding, payment providers are increasingly competing to offer end-to-end transaction infrastructure instead of standalone services such as fiat onramps or payment gateways alone.
By adding Glide’s deposit routing technology to its existing payment products, MoonPay broadens its presence across another layer of crypto transaction infrastructure. Whether that strategy translates into greater market share will depend on adoption by exchanges, wallets and fintech platforms seeking simpler funding experiences for users in an increasingly multi-chain digital asset ecosystem.
