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MoonPay acquires Glide to strengthen crypto deposit infrastructure
Deep Tide TechFlow news: On July 17, according to Cointelegraph, MoonPay has acquired the crypto infrastructure startup Glide, integrating its deposits and routing technology to expand cross-chain crypto deposit infrastructure. Glide was founded in 2023 by Tushar Soni and Qinyu Tong, former Robinhood Wallet engineers, and supports more than 100 tokens across more than 30 blockchain networks.
This acquisition is MoonPay’s sixth acquisition in 2026. Glide’s technology will be integrated into MoonPay Deposits products to serve applications such as the Telegram Wallet. MoonPay did not disclose the financial terms of the transaction, and the CEO said the acquisition is intended to address the pain point of users losing funds due to errors in cross-chain transfers.