In a significant development within the cryptocurrency ecosystem, MoonPay has unveiled MoonPay Trade, a cutting-edge technology platform tailored to provide applications, financial institutions, and enterprises seamless access to digital assets across over 200 blockchains and protocols via a single API. This innovative launch aims to address the ongoing challenges associated with liquidity fragmentation across various blockchain networks, venues, and protocols, which has complicated direct connectivity for entities that are focused on developing tokenized asset and payment products.
MoonPay Trade simplifies on-chain liquidity access by managing transaction execution, settlement, conversion, and payments in more than 120 fiat currencies. The platform combines advanced technology acquired from Decent.xyz, a Y Combinator-backed cross-chain routing company, which enhances the capabilities of MoonPay’s newly established product line. Additionally, MoonPay Trade will function as the execution layer for MoonPay Institutional, the company’s regulated financial services branch spearheaded by Caroline D. Pham, the former acting chair of the U.S. Commodity Futures Trading Commission (CFTC).
According to MoonPay CEO and co-founder Ivan Soto-Wright, institutions are increasingly involved in tokenizing funds and moving collateral across different chains while performing settlements in multiple currencies. He emphasized that MoonPay Trade integrates all these essential functions into a single platform tailored for institutions, enterprises, and applications.
Caroline D. Pham highlighted that every major financial institution is actively developing a tokenized asset strategy, reinforcing the belief that MoonPay Trade provides a unified and compliant technology framework for firms venturing into on-chain markets. The launch of MoonPay Trade reflects the broader infrastructure strategy of MoonPay, which includes advancements in payments, stablecoins, digital asset custody, and on-chain execution. Over the past 18 months, the company has executed more than six acquisitions, steadily constructing a comprehensive platform designed for the flow of value between fiat and digital assets.
Moreover, this product complements MoonPay’s recent acquisition of DFlow, a Solana trading infrastructure provider widely recognized for processing over $12 billion in trading volume in the first quarter of 2026. The combination of MoonPay Trade and DFlow amplifies the company’s execution capabilities across Ethereum Virtual Machine (EVM) networks, cross-chain markets, and Solana native liquidity.
MoonPay Trade encompasses routing and execution functionalities across multiple networks, including Ethereum, Solana, Base, Hyperliquid, and Bitcoin. It enables collateral mobility between permissioned and permissionless networks, facilitates fiat-to-on-chain liquidity conversion, and supports KYC (Know Your Customer) and AML (Anti-Money Laundering) compliant execution. Additionally, it offers reporting infrastructure and consolidated balances across various chains.
This launch aligns with the growing institutional interest in tokenized real-world assets, which, according to market data shared by MoonPay, have eclipsed $25 billion in on-chain value—an impressive increase from less than $2 billion just three years ago. Projections from Boston Consulting Group (BCG) suggest that tokenized real-world assets could soar to $14 trillion by 2030 and potentially reach $55 trillion by 2035.
Decent, co-founded in 2021 by Charlie Durbin, Will Collier, Will Kantaros, and Xander Carlson, brings to MoonPay Trade its effective routing algorithms, bridge infrastructure, and aggregation tools. These enhancements facilitate cross-chain transactions, permitting applications to interact with smart contracts and access liquidity effortlessly across supported networks.
Since its integration into MoonPay, Decent has broadened its trading APIs for institutional applications, including facilities for stablecoin trading and vault integrations aimed at tokenized fund distribution. MoonPay Trade effectively merges cross-chain routing with a proprietary automated market maker, designed to deliver competitive stablecoin rates, including one-to-one quotes through MoonPay APIs.
The liquidity layer of this new platform supports the entire lifecycle of tokenized funds, encompassing subscriptions and redemptions, while allowing connections with decentralized finance (DeFi) protocols such as Morpho, Aave, and Maple Finance. Durbin noted that Decent enhances real-time routing and execution capabilities across an expansive range of over 200 chains, thus minimizing the fragmentation that often hinders on-chain transactions for developers and institutions alike.
