MoonPay's Sixth Crypto Acquisition
MoonPay Acquires Glide to Enhance Crypto Deposits and Payments Infrastructure, Marking Sixth Deal
Anonymous
Key Points
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MoonPay’s acquisition spree has continued into 2026, with Glide being reported as the sixth deal of the year; the company has previously acquired Sodot (cryptographic key management) and Helio (Solana-focused payments) as it staffs up three verticals—security, stablecoin infrastructure, and payments—for a definitive digital-asset infrastructure stack.
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Glide’s deposits technology will be integrated into MoonPay Deposits and is already used by apps including Wallet in Telegram, Moonshot, and Paysafe, expanding MoonPay’s on-ramp/off-ramp capabilities for diverse funding sources.
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MoonPay’s fundraising backdrop includes high-profile celebrity investors, with backers such as Justin Bieber and Paris Hilton backing the company.
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The deal puts MoonPay in closer competition with traditional payments and settlement players like Circle (issuer of USDC) and Visa, as it expands into stablecoin infrastructure and cross-border asset movement for institutional use.
MoonPay has acquired Glide, a crypto deposit infrastructure startup, in an all-equity deal that marks the company's sixth acquisition of 2026. CryptoNews reported the deal brings Glide's entire four-person team into MoonPay, including co-founders Tushar Soni and Qinyu Tong, both former Robinhood Wallet engineers.
Founded in 2023 and backed by Y Combinator, Glide processes more than $100 million in annualized transaction volume. Its technology lets apps accept crypto deposits from over 100 tokens across 30 blockchain networks — without requiring users to manually swap or bridge funds, according to Crypto Briefing.
How Glide's Technology Makes Crypto Deposits Simpler
Glide uses self-custodial smart contracts to move funds automatically. A smart contract is a self-executing program on a blockchain — no middleman needed. Its routing system picks the fastest and cheapest path for each transaction, cutting friction for new users trying to fund an app.
Apps already using Glide include Wallet in Telegram, Moonshot, and Paysafe, according to Crypto Economy. MoonPay plans to fold Glide's technology directly into its existing MoonPay Deposits product, expanding what developers can offer users when funding their accounts.
MoonPay's Six-Deal Buying Spree Targets Three Verticals
Glide is MoonPay's sixth deal in 2026 alone. The company has been acquiring across three areas: security, stablecoin infrastructure, and payments. Earlier buys include Sodot, which handles cryptographic key management, and Helio, a Solana-focused payments platform.
MoonPay wants to become a full-stack digital asset infrastructure provider — not just a fiat-to-crypto on-ramp. That puts it in direct competition with players like Circle, the issuer of USDC stablecoin, and Visa, as it pushes into cross-border asset movement for institutional clients.
Founders Joined After Talks Began Late Last Year
Discussions between MoonPay and Glide started late in 2024. The deal closed with all four Glide team members joining MoonPay. Co-founders Soni and Tong both built their crypto expertise at Robinhood Wallet before launching Glide in 2023, according to CryptoNews.
Bloomingbit noted the acquisition is part of MoonPay's "larger effort to expand" its crypto infrastructure push. MoonPay frames Glide as a core piece of that strategy — not a side addition, but a direct building block for its deposits stack going forward, according to Bloomingbit.
Celebrity Backers and a Growing Infrastructure Ambition
MoonPay has drawn attention beyond the crypto world. High-profile investors including Justin Bieber and Paris Hilton have backed the company. That star power helped raise MoonPay's profile, but its 2026 strategy is clearly focused on enterprise infrastructure rather than consumer celebrity deals.
With six acquisitions in a single year, MoonPay is moving fast to build depth across its payments stack. The Glide deal shows the company is betting on crypto-native deposit infrastructure as a key edge — one that could set it apart as stablecoins gain traction in global payments, according to Crypto Economy.
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