TL;DR
- MoonPay acquired Glide, a Y Combinator-backed startup, in a 100% stock deal that marks its sixth acquisition so far in 2026.
- Glide processes over $100 million in annualized transaction volume and operates across more than 100 tokens and 30 different blockchain networks.
- Glide’s four employees, including its co-founders, are joining the company to integrate the technology into the MoonPay Deposits product.
MoonPay acquired Glide, a startup founded in 2023 that enables applications to accept cryptocurrency deposits from any token, wallet, exchange, or card, without requiring users to manually bridge or swap between networks.
The deal was a fully stock-based transaction, as confirmed by Tushar Soni, co-founder and CEO of Glide, who declined to disclose the specific amount. Conversations between the two companies began at the end of last year, and the transaction has already closed.
BREAKING: MoonPay has acquired Glide
Glide makes it easy and frictionless for apps to accept crypto deposits from any token, wallet, exchange or card
welcome to the family! pic.twitter.com/IvNfqJwio1
— MoonPay 🟣 (@moonpay) July 16, 2026
Glide was founded by Soni and Qinyu Tong, who previously worked on the team that built Robinhood‘s cryptocurrency wallet. The startup is backed by Y Combinator, Titan Fund, and other investors, though Soni also declined to reveal the total capital raised to date. The company’s four employees, including its two co-founders, are joining MoonPay as part of the deal.
MoonPay Deposits: Removing Limitations
The technology developed by Glide eliminates the need for users to manually manage interoperability between blockchains, automatically selecting the fastest and most cost-effective route for moving funds. Deposits are processed through self-custodial smart contracts, allowing users to retain control of their assets while transactions are verified onchain. Glide supports more than 100 tokens and operates across 30 different blockchain networks.
Glide’s technology will be integrated into the MoonPay Deposits product, already used by applications such as Wallet in Telegram, Moonshot, and Paysafe. According to Soni, Glide served more than 50 enterprise clients, who will now be absorbed by MoonPay. Both the corporate management and the legal and financial aspects of the transaction were handled internally, without external advisors.
This acquisition is the sixth purchase announced by MoonPay in 2026, following the addition of Sodot, Decent, DFlow, Entendre, and Dawn Labs. The company, backed by investors including Tiger Global Management and Coatue, closed 2024 with positive profitability and year-over-year net revenue growth of 112%.
