MoonPay acquires cryptocurrency infrastructure startup Glide

Fintech platform MoonPay acquires cryptocurrency infrastructure startup Glide and will integrate its deposit and routing technology, with undisclosed financial terms of the transaction. Glide was founded by Tushar Soni and Qingyu Tong in 2023, supporting over 100 tokens across 30 blockchain networks, helping applications receive deposits from different tokens, wallets, exchanges, and payment sources. After the acquisition is completed, Glide technology will be integrated into MoonPay Deposits.