Key Takeaways
Crypto payments firm MoonPay is expanding into institutional services with MoonPay Trade, a new platform giving banks access to tokenized assets across more than 200 blockchains, a move underpinned by its recent eight-figure acquisition of Decent.xyz.
"Every major financial institution is building a tokenized asset strategy," Caroline D. Pham, head of MoonPay Institutional and former acting chair of the CFTC, said in a statement. The platform gives firms "one compliant technology platform to access onchain markets."
The new platform handles transaction execution, cross-chain settlement, and conversion across more than 120 fiat currencies. It integrates directly with DeFi lending protocols like Aave and Maple Finance and supports tokenized fund subscriptions. The launch follows MoonPay's acquisition of Solana trading infrastructure provider DFlow, which processed over $12 billion in volume in the first quarter of 2026.
The launch positions MoonPay to compete for a slice of the rapidly growing market for tokenized real-world assets, which data from rwa.xyz shows has grown to over $25 billion. With Boston Consulting Group projecting the market could reach $14 trillion by 2030, MoonPay is betting its new infrastructure can become a key bridge between traditional finance and on-chain protocols.
MoonPay Trade is the execution layer for MoonPay Institutional, the company’s regulated financial services division. The platform aims to solve liquidity fragmentation, where assets are siloed on different blockchains, by using technology from the newly acquired Decent.xyz to route trades and transfers.
The move marks a significant strategic expansion for MoonPay, known primarily for its on-ramp and off-ramp services that allow users to buy and sell crypto with fiat currency. The company has been on an acquisition spree over the past 18 months, purchasing more than six companies, including payments processors Meso and Helio, to build a comprehensive financial infrastructure stack.
The platform supports a range of institutional activities, including collateral movement, tokenized fund subscriptions, and on-chain settlement. It provides connectivity to major blockchains including Ethereum, Solana, and Bitcoin.
This expansion comes as major financial players like BlackRock and Franklin Templeton are already active in the tokenization space, launching their own tokenized funds on public blockchains. MoonPay's platform aims to provide the underlying infrastructure for other institutions to follow suit.
This article is for informational purposes only and does not constitute investment advice.
