MoonPay buys Glide to bolster crypto deposits infrastructure

Summary

MoonPay acquired crypto infrastructure startup Glide to add deposit and routing technology to its platform. Glide, founded in 2023 by former Robinhood Wallet team members Tushar Soni and Qinyu Tong, built a unified deposit flow that lets users fund wallets from multiple tokens, chains, wallets, exchanges, or cards without manually bridging or swapping. It supports more than 100 tokens across 30 blockchain networks. The acquisition advances MoonPay’s push beyond fiat-to-crypto payments toward broader digital asset infrastructure. Glide’s technology will be folded into MoonPay Deposits, which already serves apps such as Wallet in Telegram, Moonshot, and Paysafe. MoonPay said recent acquisitions have expanded its stack across money movement, security, trading, and accounting. Financial terms were not disclosed.