MoonPay has acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, in a move aimed at broadening its deposit and routing capabilities across blockchain networks. The companies said the transaction will help MoonPay extend its reach beyond fiat-to-crypto payments and further position itself as a digital asset infrastructure provider.
Glide was launched in 2023 by Tushar Soni and Qinyu Tong, who previously worked on Robinhood Wallet. The startup was created to make it easier for applications to accept deposits from a wide range of sources, including different tokens, wallets, exchanges and payment methods. According to the platform’s documentation, Glide supports more than 100 tokens across 30 blockchain networks.
The founders said the company was built to address a recurring problem they saw among Web3 consumer startups: users often struggled to move funds into wallets. Deposits could arrive on the wrong chain, in the wrong token, or from an exchange or card, forcing users to rely on bridges and swaps that created friction and led to drop-offs. Glide later shifted toward a unified deposit flow designed to let users fund wallets from multiple sources without handling those steps manually.
MoonPay extends its infrastructure stack
Following the acquisition, Glide’s technology will be folded into MoonPay Deposits, a product already used by applications such as Wallet in Telegram, Moonshot and Paysafe. MoonPay chief executive and co-founder Ivan Soto-Wright said the deal fits into a wider acquisition strategy focused on infrastructure layers needed to move, secure, trade and account for digital assets. He also said Glide tackles one of the biggest pain points in crypto transfers: users sending the wrong token on the wrong chain.
MoonPay did not disclose the financial terms of the acquisition. The Glide deal is MoonPay’s sixth acquisition announcement of 2026, following earlier purchases including Sodot, Decent and DFlow, Entendre and Dawn Labs. The company’s investors include Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management and Coatue, according to startup data platform Tracxn.
Source: cointelegraph.com
