MoonPay acquires Y Combinator-backed crypto deposits startup Glide in an all-equity transaction.
Ecosystem ·
MoonPay has acquired Glide, a crypto deposits startup that completed Y Combinator's accelerator program, through an all-equity transaction. The deal marks an expansion of MoonPay's product footprint in the onboarding and deposits space.
Glide focused on enabling users to deposit cryptocurrency, addressing a core component of the user acquisition funnel. By bringing the startup under its banner, MoonPay gains direct control over this capability rather than relying on third-party integrations or partnerships.
Neither the financial structure beyond the all-equity basis nor the expected integration timeline has been disclosed. The full scope of how Glide's operations will be folded into MoonPay's existing infrastructure remains unspecified.