MoonPay has acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand its cross-chain deposit capabilities. The deal, announced this week, gives MoonPay a team that knows how to build wallet-to-wallet rails — and a product that lets users move funds across blockchains without leaving the app.
Who built Glide
Glide was founded by engineers who previously worked on Robinhood Wallet, the self-custody wallet Robinhood launched in 2022. The startup's core product is a set of APIs that let platforms accept deposits from any blockchain and settle them on another — think Ethereum to Solana or Arbitrum to Base. That kind of plumbing is becoming table stakes as crypto apps try to serve users who hold assets on a dozen different chains.
Why MoonPay bought it
MoonPay already processes fiat-to-crypto onramps for hundreds of apps. But the company has been pushing deeper into infrastructure — not just buying crypto, but moving it around. Glide's tech lets MoonPay offer a single endpoint for deposits, no matter where the funds start. For a user, that means fewer steps. For MoonPay, it means a stickier product and a bigger cut of the transaction flow.
The timing isn't accidental. Cross-chain activity has been climbing all year, and the number of active bridges and relayers keeps growing. MoonPay is betting that developers will pay for a managed solution rather than wiring up multiple chains themselves.
MoonPay plans to integrate Glide's APIs into its existing developer dashboard over the next few months. The company hasn't disclosed the deal's financial terms. Glide's team will join MoonPay's engineering group, and the startup's existing customers will be migrated to MoonPay's platform. For now, the service remains live for current users.
