MoonPay buys Glide to bolster crypto deposits infrastructure

60-second summary

MoonPay is acquiring Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to bolster its cross-chain crypto deposit infrastructure. The acquisition aims to enhance MoonPay's ability to support various blockchain networks, increasing user convenience and accessibility. This move is expected to boost MoonPay's market position in the rapidly evolving crypto landscape.