MoonPay Acquires Glide to Expand Crypto Deposits
MoonPay is building an integrated funding stack spanning fiat onramps, virtual accounts, swaps and crypto deposits. Glide, founded in 2023 by former Robinhood crypto-wallet executives Tushar Soni and Qinyu Tong, developed routing technology that lets applications accept funds from different tokens, wallets, exchanges or cards. Its system selects relayer or bridge-and-swap routes and uses self-custodial escrow smart contracts, addressing a major source of friction in cross-chain onboarding.
MoonPay announced the acquisition on July 16, 2026, adding Glide’s team, technology and customers to MoonPay Deposits. The all-equity transaction’s value was not disclosed. Glide processes more than $100 million in annual volume across over 100 tokens and more than 30 blockchain networks. The purchase is MoonPay’s sixth acquisition of 2026 and extends an expansion drive that has added institutional infrastructure, trading, accounting automation and other Web3 financial capabilities.
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The history behind this eventMoonPay Buys Glide to Expand Cross-Chain Crypto Deposits
MoonPay has built a crypto payments platform spanning fiat onramps, virtual accounts and swaps, while Glide was founded in 2023 by Tushar Soni and Qinyu Tong, former leaders of Robinhood’s crypto wallet team. The deal targets a persistent onboarding problem: users often hold the wrong token or use a different blockchain from the destination app, forcing them to bridge or swap assets manually. Glide’s routing layer lets applications accept funds from a token, wallet, exchange or card through a single deposit flow.
On July 16, 2026, MoonPay said it had completed an all-equity acquisition of Glide, with financial terms undisclosed. Glide’s four employees, technology and customers are joining MoonPay. The startup processes more than $100 million in annualized volume across over 100 tokens and more than 30 blockchain networks. MoonPay plans to fold Glide’s instant relayer, bridge-and-swap routing and self-custodial escrow technology into MoonPay Deposits, which is already live for partners, extending its funding stack and marking its sixth acquisition announcement of 2026.
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