MoonPay buys Glide in sixth 2026 deal to build crypto infra stack
MoonPay is acquiring deposit-routing startup Glide to eliminate cross-chain friction for crypto users, marking the fintech firm's sixth acquisition this year as it pivots from payments to full-spectrum digital asset infrastructure.
MoonPay has acquired Glide, a startup built by former Robinhood Wallet engineers, to integrate unified deposit and routing technology into its growing digital asset infrastructure stack. Financial terms of the transaction were not disclosed.
Glide was founded in 2023 by Tushar Soni and Qinyu Tong to address a major barrier to mainstream crypto adoption: the complexity of funding wallets. “Funds sat on the wrong chain, in the wrong token, on an exchange, or on a card, and every deposit meant bridges, swaps, and drop-offs,” Soni said.
Originally focused on general wallet infrastructure after entering Y Combinator, Glide pivoted to build a unified deposit flow. The technology supports more than 100 tokens across 30 blockchain networks, allowing users to fund wallets from various chains, exchanges, or cards without manually executing bridges or swaps.
MoonPay will fold Glide’s technology into its existing MoonPay Deposits product, which already powers applications like Telegram's Wallet, Moonshot and Paysafe. For market participants, the acquisition highlights a crucial shift in the digital asset sector: growth now depends heavily on eliminating the technical friction that prevents retail capital from entering Web3 applications.
The deal is MoonPay’s sixth announced acquisition of 2026, following purchases of Sodot, Decent, DFlow, Entendre and Dawn Labs. CEO and co-founder Ivan Soto-Wright noted that each deal adds a necessary operational layer for digital asset businesses.
“Every acquisition this year has added a layer of the infrastructure that businesses and their users need to operate with digital assets: moving money, securing it, trading it, accounting for it,” Soto-Wright said. He noted that Glide directly tackles a major pain point where users lose funds by sending tokens on the wrong chains, predicting future platforms must make these backend complexities invisible.
MoonPay, originally a fiat-to-crypto payment gateway, is backed by Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management and Coatue. The company’s aggressive expansion this year follows the late 2025 appointment of Caroline Pham, former acting chair of the US Commodity Futures Trading Commission, as chief legal and administrative officer.
