MoonPay has acquired Glide, a crypto deposit provider that makes it easier for users to move funds into digital wallets. The deal, announced this week, is aimed at cutting friction in MoonPay's deposit flow — a persistent pain point for newcomers and power users alike. Glide currently processes over $100 million in crypto deposits each year, supporting more than 100 tokens across 30 blockchain networks.
Who built Glide
Glide was founded by former members of Robinhood's wallet team. That background shows in the product: it's designed to handle deposits quickly, with support for a wide range of assets and chains. The team's experience building consumer-facing crypto infrastructure at scale likely made them an attractive target for MoonPay, which has been aggressively expanding its payment rails.
What Glide brings
Beyond the volume numbers, Glide's technology covers a lot of ground. Users can deposit anything from Ethereum to Solana-based tokens without needing to navigate complex bridging or swapping steps. For MoonPay, that means fewer support tickets and fewer abandoned transactions. The company says the integration will simplify the deposit process for its existing user base.
Why MoonPay moved now
MoonPay has been on a buying spree to round out its infrastructure. The company's core business is helping people buy crypto with fiat, but getting money in and out of wallets has always been a separate headache. Glide solves that on the deposit side. The timing also lines up with a broader push toward multi-chain support — users don't want to be locked into a single network. Glide's 30-chain coverage gives MoonPay a ready-made multicurrency deposit pipeline.
Financial terms of the acquisition were not disclosed. MoonPay confirmed that the Glide team will join the company, and the platform will continue to operate as it's integrated into MoonPay's existing services. The deal closed earlier this month.
