MoonPay has acquired crypto deposit infrastructure provider Glide as the financial technology company continues an aggressive acquisition push in 2026.
Glide allows applications to accept crypto deposits from any supported token, wallet, centralized exchange or card without requiring users to manually swap assets or move them between blockchain networks.
The company processes more than $100 million in annual volume across over 100 tokens and 30 blockchain networks. Its technology also supports deposits through centralized exchanges and fiat onramps.
Glide’s team, technology and customers will join MoonPay. The company’s infrastructure will be integrated into MoonPay Deposits, which currently provides funding services to applications including Wallet in Telegram, Moonshot and Paysafe.
Founded in 2023 by Tushar Soni and Qinyu Tong, Glide was created to reduce friction when users fund crypto applications with assets that are not supported by the destination platform.
AdvertisementSoni and Tong previously led the team responsible for building Robinhood’s crypto wallet. Glide is backed by Y Combinator, Titan Fund and other investors.
Glide operates an internal routing layer that connects funding sources to their intended destinations. The system selects between an instant relayer and bridge and swap routes based on transaction speed and cost.
The company said its infrastructure can settle cross chain transactions instantly while supporting transfers worth several million dollars.
Deposits are handled through self custodial escrow smart contracts that can be verified onchain and are designed to support compliant funding flows.
MoonPay CEO and cofounder Ivan Soto Wright said deposits represent a natural entry point for users bringing funds onto a platform.
“Glide has built some of the best deposit technology in the market,” Soto Wright said. “Bringing their team into MoonPay accelerates our deposits strategy and puts us at the center of where this category is headed.”
The deal marks MoonPay’s sixth acquisition announcement of 2026. The company previously acquired key management provider Sodot, payments infrastructure companies Decent and DFlow, AI accounting platform Entendre and AI trading infrastructure provider Dawn Labs.
Sodot became the foundation of MoonPay Institutional, while Decent and DFlow were incorporated into MoonPay Trade.
Glide’s existing customers will continue receiving services without disruption. Soni and Tong will both join MoonPay following the acquisition.
“We built Glide so users could fund their wallets quickly with the tokens they already have and for apps to streamline their onboarding,” Soni said.
He added that joining MoonPay will allow Glide to combine its deposit infrastructure with MoonPay’s ramps, virtual accounts and swap products.