Svmuu News: Fintech platform MoonPay has acquired crypto infrastructure startup Glide and will integrate its deposit and routing technologies; financial terms of the deal were not disclosed.
Glide was founded in 2023 by Tushar Soni and Qinyu Tong, both of whom previously worked on the Robinhood Wallet team. Glide supports more than 100 tokens across 30 blockchain networks, helping applications accept deposits from various tokens, wallets, exchanges, and payment sources.
Following the acquisition, Glide’s technology will be integrated into MoonPay Deposits, a product already used by apps such as Wallet in Telegram, Moonshot, and Paysafe. MoonPay stated that the deal is part of its strategy to expand its digital asset infrastructure capabilities.
This is MoonPay’s sixth acquisition announced in 2026; its previous acquisitions include Sodot, Decent, DFlow, Entendre, and Dawn Labs. Its investors include Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management, and Coatue.
MoonPay Acquires Glide, a Crypto Infrastructure Company Founded by a Former Robinhood Wallet Engineer
Source:Odaily · Source Link
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