MoonPay swallows Glide, its sixth acquisition of 2026, to make "wrong chain" woes vanish 🪙

MoonPay has acquired crypto infrastructure startup Glide, the companies said Thursday in a joint announcement shared with Cointelegraph, marking MoonPay's sixth acquisition announcement of 2026. The deal brings Glide's deposit and routing technology in-house as MoonPay pushes to evolve from a fiat-to-crypto payments firm into a broader digital asset infrastructure provider.

Glide was founded in 2023 by Tushar Soni and Qinyu Tong, former members of the team behind Robinhood Wallet. The company helps applications accept deposits from different tokens, wallets, exchanges and payment sources, and supports more than 100 tokens across 30 blockchain networks, according to its documentation. Soni and Tong built the platform after working with Web3 consumer startups, where they said users routinely struggled to fund their wallets. "Funds sat on the wrong chain, in the wrong token, on an exchange, or on a card, and every deposit meant bridges, swaps, and drop-offs," Soni told Cointelegraph. The co-founders, who met while working on Robinhood Wallet and entered Y Combinator, eventually pivoted Glide from wallet infrastructure to a unified deposit flow that lets users fund wallets across chains, tokens, exchanges or cards without manual bridging or swapping.

Following the acquisition, Glide's technology will be integrated into MoonPay Deposits, a product already used by applications including Wallet in Telegram, Moonshot and Paysafe. MoonPay CEO and co-founder Ivan Soto-Wright framed the deal as the latest layer in a year-long infrastructure buildout, following recent acquisitions spanning security, trading and accounting capabilities. "Every acquisition this year has added a layer of the infrastructure that businesses and their users need to operate with digital assets: moving money, securing it, trading it, accounting for it," Soto-Wright said. He added that Glide targets one of the most persistent pain points in crypto: users losing funds by sending the wrong token on the wrong chain, and predicted that future blockchain-based platforms will require infrastructure that hides that complexity from end users. MoonPay did not disclose the financial terms of the Glide acquisition, and the companies did not specify a closing date for the deal.