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MoonPay Acquires Glide, a YC Accelerator Project
Svmuu News: Crypto payment platform MoonPay has announced the acquisition of Glide, a Y Combinator-backed crypto deposit infrastructure startup. The two companies have completed an all-stock transaction. Tushar Soni, co-founder and CEO of Glide, stated that the specific terms of the deal were not disclosed, and that Glide’s team and technology will be fully integrated into MoonPay. Founded in 2023 by Tushar Soni and Qinyu Tong—both of whom previously helped build the Robinhood crypto wallet team—Glide has received backing from investors including Y Combinator and Titan Fund. The company currently has a team of four, all of whom will join MoonPay. (The Block)
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