MoonPay's Acquisition Spree Continues as It Targets One of Crypto's Biggest UX Problems

MoonPay isn't just buying companies—it's assembling the infrastructure to become crypto's financial operating system.

The payments giant has announced its acquisition of Glide, a startup focused on simplifying crypto deposits, marking MoonPay's sixth acquisition of 2026. While previous deals strengthened areas such as custody, trading, AI and accounting, Glide addresses one of the industry's most frustrating pain points: sending crypto on the wrong network or in the wrong token.

The move signals MoonPay's ambition to own every stage of the digital asset journey, from fiat onramps to trading, payments and now frictionless deposits.

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Fixing a Costly Problem for Crypto Users

One of crypto's most persistent UX problems is depositing the wrong asset. Sending tokens on the wrong network, holding an unsupported token, or navigating multiple bridges and swaps can leave users frustrated—or in some cases, permanently separated from their funds.

Glide was built to solve exactly that. Founded in 2023 by Tushar Soni and Qinyu Tong, the engineers behind Robinhood's crypto wallet, the Y Combinator-backed startup enables apps to accept deposits from virtually any token, wallet, exchange or payment card.

Behind the scenes, Glide automatically routes funds to the correct asset and blockchain, removing the need for users to bridge, swap or repeat KYC before making a deposit.

Today, the platform processes more than $100 million in annual transaction volume, supporting over 100 cryptocurrencies across 30 blockchain networks.

Behind the scenes, Glide automatically determines the fastest and most cost-efficient route, whether through instant relayers or bridge-and-swap infrastructure, while settling transactions through self-custodial smart contracts.

Another Piece of MoonPay's Infrastructure Strategy

Rather than operating as a standalone product, Glide's technology will be integrated into MoonPay Deposits, the company's funding solution already used by applications including Wallet in Telegram, Moonshot and Paysafe.

MoonPay says the integration will strengthen its non-custodial deposit infrastructure while maintaining compliance standards across supported markets.

"Deposits are a natural starting point for new users to bring funds onto a platform," said Ivan Soto-Wright, CEO and co-founder of MoonPay.

"Glide has built some of the best deposit technology in the market. Bringing their team into MoonPay accelerates our deposits strategy and puts us at the center of where this category is headed."

For Glide, joining MoonPay dramatically expands the reach of its technology. "We built Glide so users could fund their wallets quickly with the tokens they already have and for apps to streamline their onboarding," said Tushar Soni, Glide's CEO and co-founder.

"Joining MoonPay lets us combine our deposits product with everything else that MoonPay has to offer, like ramps, virtual accounts and swaps, and bring that to the largest apps in the world."

Building Crypto's Financial Stack

The acquisition continues one of the industry's most aggressive expansion strategies.

Since the beginning of 2026, MoonPay has acquired Sodot, DFlow, Decent, Dawn Labs, Entendre, and now Glide—each adding another layer to its growing infrastructure platform.

Collectively, the acquisitions have expanded MoonPay beyond its original fiat onramp business into institutional custody, decentralized trading infrastructure, AI-powered accounting, trading technology and now deposit orchestration.

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Rather than competing on a single product, MoonPay appears to be positioning itself as the infrastructure provider powering crypto applications behind the scenes.

With more than 30 million customers across 180 countries and over 1,200 enterprise clients, the company is steadily evolving into one of the industry's largest full-stack financial infrastructure providers.

As crypto matures, the biggest opportunities may no longer come from launching another blockchain or exchange—but from making the experience so seamless that users never have to think about the underlying infrastructure at all.