MoonPay acquires Glide to enhance crypto deposit solutions

MoonPay acquired Glide, a crypto infrastructure startup, in an all-equity deal. Glide’s tech enables seamless crypto deposits across 100+ tokens and 30 blockchains, now integrated into MoonPay’s platform.

MoonPay has acquired Glide, a crypto infrastructure startup founded in 2023 by Tushar Soni and Qinyu Tong, both former members of the Robinhood Wallet team. The acquisition, completed entirely in equity, brings Glide’s technology and team into MoonPay, though the transaction value remains undisclosed. Glide’s platform enables applications to accept crypto deposits from any token, wallet, exchange, or card, eliminating the need for users to manually bridge or swap assets across blockchains. Supporting over 100 tokens and 30 blockchain networks, Glide processes more than $100 million in annualized transaction volume. The platform’s routing technology automatically selects the fastest and most cost-effective transfer method, while self-custodial smart contracts ensure users retain control of their assets. This move aligns with MoonPay’s strategy to expand beyond payments into broader digital asset infrastructure. Glide’s solutions will be integrated into MoonPay Deposits, supporting applications such as Wallet in Telegram, Moonshot, and Paysafe. All Glide employees will join MoonPay as part of the integration.