TheBlock
MoonPay has acquired Glide, a Y Combinator-backed crypto deposits startup, in an all-equity transaction that marks MoonPay's sixth acquisition announcement of 2026. Glide's four-person team, including co-founder and CEO Tushar Soni, is joining MoonPay as part of the deal.
Why it matters
Glide built deposit infrastructure that lets fintechs and neobanks offer crypto-funded accounts without holding the rails themselves. For MoonPay, the acquihire plugs a deposit-side gap into an onramp stack that has historically been strong on buy-side flow but lighter on account funding. The all-equity structure, with no disclosed price tag, signals Glide's bet that upside inside MoonPay beats an independent exit at current scale.
Market impact
The pace, six acquisitions in a single calendar year, positions MoonPay as the most active consolidator in the crypto onramp layer. Expect more tuck-ins as the company widens from fiat-to-crypto buying into embedded deposit, payout, and compliance tooling for fintechs that want crypto exposure without building it in-house.
Frequently asked questions
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What did MoonPay acquire?
MoonPay acquired Glide, a Y Combinator-backed crypto deposits startup, in an all-equity deal announced in 2026.
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How many people are joining MoonPay from Glide?
Glide's four-person team, including co-founder and CEO Tushar Soni, is joining MoonPay as part of the acquisition.
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How many acquisitions has MoonPay done in 2026?
The Glide deal is MoonPay's sixth acquisition announcement of 2026, making it the most active consolidator in the crypto onramp layer.
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Was the Glide acquisition a cash deal?
No. The transaction was structured as an all-equity deal, with no disclosed purchase price.
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What does Glide's product do?
Glide built deposit infrastructure that lets fintechs and neobanks offer crypto-funded accounts without holding the underlying rails themselves.
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