MoonPay has announced the acquisition of Glide, a startup that enables applications to accept crypto deposits from any token, wallet, exchange, or card. The all-equity deal, confirmed by Glide co-founder and CEO Tushar Soni, brings both Glide's technology and its entire four-person team into MoonPay. Financial terms were not disclosed, though Soni noted the companies began discussions late last year and the transaction has now closed.
Glide, founded in 2023 by Soni and Qinyu Tong — who previously helped build Robinhood's crypto wallet — was backed by Y Combinator and Titan Fund. The startup developed technology that removes onboarding friction by automating cross-chain deposits without requiring manual bridging or swapping. Its routing engine selects the fastest and lowest-cost path across 30+ blockchains and over 100 tokens, processing more than $100 million in annualized transaction volume. Deposits are handled via self-custodial smart contracts, giving users control while keeping transactions verifiable onchain.
Soni stated that joining MoonPay will merge Glide's deposits product with MoonPay's broader suite — including ramps, virtual accounts, and swaps — to serve larger apps worldwide. Glide's existing 50+ business customers will transition to MoonPay. The acquisition is MoonPay's sixth in 2026, following deals for Sodot, Decent, DFlow, Entendre, and Dawn Labs, and aligns with its strategy to expand institutional and AI-native trading infrastructure.
