MoonPay acquires Glide, a crypto deposits infrastructure startup, in an all-equity deal, according to multiple reports. Glide is backed by Y Combinator and is described as having been founded by former Robinhood Wallet engineers. The acquisition is presented as a move to strengthen and expand MoonPay’s cross-chain crypto deposit capabilities and infrastructure. While the outlets agree on the companies involved and the deal structure, they provide limited detail on other terms. The reporting characterizes MoonPay as a crypto-focused firm and positions the transaction as part of its broader efforts in payments and onboarding-related services in the crypto ecosystem. The sources do not indicate, in the provided excerpts, specific financial figures, timing for closing, or changes to Glide’s team or product direction following the acquisition. Overall, the articles describe the deal as MoonPay bringing Glide’s deposits technology and experience into its own platform to support crypto deposit flows across different networks.
MoonPay acquires Glide to expand crypto deposits infrastructure
MoonPay acquires Glide, a crypto deposits infrastructure startup, in an all-equity deal, according to multiple reports. Glide is backed by Y Combinator and is described as having been founded by forme...
- MoonPay acquires Glide in an all-equity deal.
- Glide is a crypto deposits infrastructure startup backed by Y Combinator.
- Glide is described as being founded by former Robinhood Wallet engineers.
- The acquisition is aimed at strengthening cross-chain crypto deposit infrastructure.
- The reports provided limited additional deal terms or post-acquisition plans.
Crypto unicorn MoonPay has acquired Glide, a Y Combinator-backed crypto deposits startup, in an all-equity deal.
4 hours agoMoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand cross-chain crypto deposit infrastructure.
4 hours ago
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