MoonPay has announced the launch of “MoonPay Trade,” a technology platform designed to streamline access to over 200 blockchains and protocols through a single API. This innovative platform aims to cater to institutions, businesses, and applications seeking efficient methods to engage with the digital asset ecosystem.
As a prominent global player in virtual asset settlement and stablecoin infrastructure, MoonPay services more than 30 million users and approximately 500 corporate clients across 180 countries. The company’s offerings range from cash-to-virtual asset conversions to payment processing and stablecoin issuance. With the introduction of MoonPay Trade, organizations can now execute on-chain transactions, facilitate settlements, perform conversions, and manage payments utilizing more than 120 fiat currencies—all without engaging in complex development processes.
This latest initiative marks a significant expansion in MoonPay’s focus on digital financial infrastructure, moving beyond their existing services in asset purchasing and legal currency conversions. The platform is built upon the technology and expertise acquired from Decent, a cross-chain routing company, which enhances MoonPay’s capabilities. Additionally, it will play a crucial role in MoonPay Institution, which is spearheaded by Caroline Palm, the former acting chairman of the U.S. Commodity Futures Trading Commission (CFTC).
Lee Boo-gun, CEO of MoonPay Asia, emphasized the importance of establishing a robust infrastructure to not only issue digital assets but also to connect and distribute them globally, particularly in the evolving Korean tokenization market. He underscored that advancing this infrastructure is critical for fostering growth and innovation within the sector.
In line with its growth strategy, MoonPay recently partnered with KOSDAQ-listed Sung Ho Electronics and its major stakeholder, Seoryong Electronics, to acquire Finger, a pioneering fintech company in South Korea. Founded in 2000, Finger has provided a sophisticated financial platform specifically designed for financial institutions. Moreover, in a notable collaboration last month, MoonPay signed a memorandum of understanding with Woori Bank, aimed at developing an infrastructure for KRW stablecoins.
This combination of strategic partnerships and technological advancements positions MoonPay to play a crucial role in the rapidly evolving landscape of digital finance, with a focus on enhancing accessibility and efficiency for institutional clients.
