MoonPay has announced the launch of MoonPay Trade, a comprehensive technology platform aimed at streamlining access to the burgeoning market of tokenized assets, which is now valued at over $25 billion. This innovative service allows applications, financial institutions, and enterprises to seamlessly access digital assets and facilitate transactions across more than 200 blockchains and protocols through a unified API. The platform addresses the challenge of fragmented onchain liquidity by integrating various chains, venues, and protocols, simplifying the engineering hurdles that organizations typically face in establishing direct connectivity.
The new platform is underpinned by technologies and expertise from Decent.xyz, a cross-chain routing company recently acquired by MoonPay. As part of the MoonPay Institutional unit, headed by former acting CFTC Chairman Caroline D. Pham, the MoonPay Trade platform takes on a central role in handling transactions, collateral movement, tokenized fund subscriptions, and onchain settlements with an emphasis on adherence to institutional-grade compliance frameworks.
In a significant enhancement of MoonPay’s infrastructure for tokenized financial services, MoonPay Trade introduces an array of capabilities:
- Cross-chain Routing and Execution: The platform provides low-latency execution across diverse venues and liquidity sources, allowing for transactions on major chains such as Ethereum, Solana, and Bitcoin.
- Collateral Mobility: This feature supports the native movement of digital assets across both permissioned and permissionless networks, enhancing interoperability.
- Fiat-to-Onchain Liquidity: Users can convert and settle transactions in over 120 fiat currencies, linking traditional payment systems directly to blockchain markets.
- Compliance Infrastructure: The platform’s operations are reinforced by MoonPay’s regulatory and reporting systems, ensuring compliance for institutional and enterprise clients.
- Unified Balances Across Chains: MoonPay Trade facilitates execution of smart contract calls across chains, enabling a cohesive multi-chain experience.
With the increasing clarity in regulations surrounding tokenized assets, institutional adoption has surged, with predictions suggesting the market could eventually reach $14 trillion by 2030. Major asset managers are launching tokenized funds on public blockchains, and total value locked across DeFi protocols has surpassed $100 billion. However, for many firms, the lack of robust infrastructure has been a barrier to participation. MoonPay Trade addresses this gap by providing a compliant and streamlined integration point for institutions looking to engage with onchain markets.
The acquisition of Decent.xyz serves as a cornerstone for this initiative. Founded in 2021, Decent specializes in cross-chain execution infrastructure and proprietary routing algorithms that facilitate optimized trading across a multitude of assets. The Decent team has quickly adapted their technology for institutional applications, offering unique solutions like dedicated stablecoin trading facilities.
The seamless integration of Decent’s routing technology into MoonPay Trade is poised to enhance onchain transactions further, as it provides real-time routing across 200+ chains, thereby simplifying the complexities associated with cryptocurrency exchanges and transactions.
MoonPay has established itself as a leader in financial technology since its inception in 2019, boasting a client base of over 30 million users across 180 countries. With its extensive integration capabilities that connect fiat systems with blockchain technology, MoonPay is positioned as a crucial player in the future landscape of tokenized assets and digital finance.
For more information about MoonPay Trade, interested parties can visit the company’s website.
