MoonPay has announced the launch of MoonPay Trade, a new platform tailored for financial institutions that simplifies transactions across more than 200 blockchains and protocols. This move is strategically aligned with the burgeoning market for tokenized real-world assets and improving on-chain liquidity, as detailed in the company’s recent statement.
The foundational technology for MoonPay Trade is sourced from Decent.xyz, a startup backed by Y Combinator that MoonPay recently acquired. Established in 2021, Decent is known for its proprietary bridge infrastructure and advanced routing algorithms, which enable optimized execution across notable chains such as Ethereum, Solana, Base, Hyperliquid, and Bitcoin. This innovative routing layer integrates with support for over 120 fiat currencies, allowing for a seamless connection between traditional payment systems and on-chain settlements.
The platform is specifically designed to navigate the complexities that have historically challenged regulated institutions’ participation in on-chain activities. It encapsulates various functions like cross-chain execution, collateral movement, tokenized fund subscriptions, and compliance infrastructure all accessed through a single API. Additionally, MoonPay Trade includes integrations with decentralized finance (DeFi) lending protocols such as Morpho, Aave, and Maple Finance. This functionality enables institutional clients to engage in tokenized fund distribution and leverage yield-generating vault applications.
MoonPay Trade will serve as the operational backbone for MoonPay Institutional, an entity dedicated to servicing financial firms, spearheaded by Caroline D. Pham, who previously held the position of acting chair at the Commodity Futures Trading Commission. Pham’s leadership, in conjunction with the new platform, underscores MoonPay’s ambition to act as vital infrastructure that bridges regulated finance with on-chain markets, moving beyond its previous focus that centered primarily on consumer interactions.
The timing of this launch coincides with significant momentum in the market. The total value of tokenized real-world assets has surged past $25 billion, a staggering increase from under $2 billion just three years prior. The Boston Consulting Group has estimated that this figure could soar to $14 trillion by 2030. Additionally, the total value locked (TVL) in DeFi protocols has exceeded $100 billion, indicating robust growth in decentralized finance.
In its ongoing expansion, MoonPay has also recently acquired DFlow, a Solana-native execution layer that handled over $12 billion in trading volume in the first quarter of 2026, further broadening the company’s capabilities beyond Ethereum Virtual Machine (EVM) compatible chains.
Founded in 2019, MoonPay claims to have amassed more than 30 million customers across 180 countries, along with over 500 enterprise clients. Over the past 18 months, the company has executed more than six acquisitions as part of its strategy to build an end-to-end infrastructure for transferring value between fiat currencies and digital assets. The introduction of MoonPay Trade conclusively signals the direction of this strategic development.
