MoonPay buys Glide to expand crypto deposit infrastructure
MoonPay has acquired Glide to expand cross-chain crypto deposit infrastructure. In a joint announcement with Cointelegraph, MoonPay said it will integrate Glide’s deposit and routing technology into MoonPay Deposits, a product used by apps including Wallet in Telegram, Moonshot and Paysafe.
Glide, founded in 2023 by former Robinhood Wallet engineers Tushar Soni and Qinyu Tong, supports 100+ tokens across 30 blockchain networks. Its focus is reducing friction in funding wallets, targeting a recurring issue where users send funds to the wrong chain or token and then need bridges, swaps and manual drop-offs.
MoonPay frames the deal as part of building a broader digital asset infrastructure stack beyond fiat-to-crypto payments, following acquisitions tied to security, trading and accounting capabilities. CEO Ivan Soto-Wright said Glide helps make transfer complexities “invisible” to users and can reduce fund-loss risk from incorrect token/chain selection.
Financial terms were not disclosed. The acquisition is MoonPay’s sixth announced deal of 2026, as it continues to add layers to crypto deposit infrastructure and related tooling.
Bullish
Bullish. This deal strengthens crypto deposit infrastructure—the plumbing that helps users fund wallets across chains and tokens with less manual bridging and swapping. Historically, infrastructure upgrades tend to improve on-ramps and user conversion (e.g., previous waves of wallet/deposit tooling integrations and exchange/on-ramp partnerships), which can support sentiment for crypto adoption even if it doesn’t directly move token prices.
Short term, traders may see a mild positive read-through for on-ramp-related activity and operational reliability, but no disclosed financial terms and no direct token incentive limits immediate price impact, keeping the effect more sentiment-driven than fundamental.
Long term, better routing and deposit flows can reduce user errors (wrong chain/token) and lower “failed deposit” friction. That can increase sustained transaction volume routed through infrastructure providers and apps using MoonPay Deposits, supporting steadier growth in demand for crypto transfer services. Overall, the market reaction is likely modest but positive as the focus is on usability and reliability of crypto deposit infrastructure rather than speculation.