MoonPay has acquired Glide, a Y Combinator-backed startup focused on crypto deposits, in an all-equity deal. The move marks the latest in a string of acquisitions by the crypto payments company as it builds out what it hopes will become the definitive infrastructure layer for moving money into and out of digital assets.
The acquisition playbook
Glide’s specialty is crypto deposits infrastructure, the plumbing that helps users and businesses move fiat currency into crypto wallets. By folding Glide into its stack, MoonPay gains deeper capabilities in bank and fiat integrations.
MoonPay has made all-equity deals its preferred acquisition currency. The company previously acquired Israeli cryptography firm Sodot for $100M in equity and Solana payments company Helio for $175M, also in equity. The logic is straightforward: preserve cash, align the acquired team’s incentives with MoonPay’s long-term success.
Building the everything-payments layer
