MoonPay buys Glide to expand deposits

• MoonPay has acquired Glide to improve cryptocurrency deposit services.
• The deal aims to make moving digital assets into wallets faster and simpler.
• MoonPay said the acquisition strengthens its payment infrastructure for crypto users.

MoonPay has acquired Glide to expand its cryptocurrency deposit capabilities and simplify how users transfer digital assets into wallets.

The company said the acquisition will improve the speed and ease of crypto deposits by integrating Glide's infrastructure into MoonPay's platform.

"By bringing Glide into MoonPay, we can deliver a smoother experience for users moving digital assets," the company said.

MoonPay said the acquisition supports its strategy of building a more complete payments and digital asset ecosystem.

Glide specialises in technology that helps users deposit cryptocurrencies more efficiently across supported wallets and blockchain networks.

MoonPay has continued expanding its product offerings through acquisitions as competition grows among crypto payment providers.

The latest deal reflects continued investment in user-friendly infrastructure as companies seek to make digital asset transactions more accessible.