MoonPay Acquires Decent.xyz And Launches MoonPay Trade

By Amit Chowdhry • Today at 9:17 AM

MoonPay announced the launch of MoonPay Trade, a new technology platform designed to give applications, financial institutions, and enterprises access to digital assets and onchain liquidity across more than 200 blockchains and protocols through a single API.

As part of the launch, MoonPay also confirmed it acquired and integrated Decent.xyz, a Y Combinator-backed cross-chain routing company whose infrastructure now powers MoonPay Trade. Financial terms of the acquisition were not disclosed.

MoonPay said the platform is designed to simplify access to fragmented onchain liquidity markets by handling transaction execution, settlement, conversion, and payments across more than 120 fiat currencies. The company said MoonPay Trade will serve as the execution layer for MoonPay Institutional, its regulated financial services business unit led by former acting CFTC Chairman Caroline D. Pham.

The company noted that MoonPay Trade expands its broader infrastructure strategy around tokenized financial services products and digital asset markets. Over the past 18 months, MoonPay said it completed more than six acquisitions across payments, stablecoins, digital asset custody, and onchain trade execution infrastructure.

MoonPay also highlighted its recent acquisition of DFlow, a trading infrastructure provider on Solana that processed more than $12 billion in trading volume during the first quarter of 2026. According to the company, MoonPay Trade and DFlow together extend execution capabilities across EVM, cross-chain, and Solana-native markets.

The platform includes cross-chain routing and execution, collateral mobility, fiat-to-onchain liquidity conversion, compliance infrastructure, and unified balances across chains. MoonPay said the system is built to support institutional adoption of tokenized assets and decentralized finance infrastructure.

The company cited growing institutional demand for tokenized real-world assets, noting the market has surpassed $25 billion in onchain value. MoonPay referenced projections from Boston Consulting Group estimating tokenized real-world assets could reach $14 trillion by 2030 and $55 trillion by 2035.

Decent.xyz was founded in 2021 by Charlie Durbin, Will Collier, Will Kantaros, and Xander Carlson. The company developed routing algorithms, bridge infrastructure, and aggregation technology designed to optimize execution across hundreds of chains and millions of digital assets.

KEY QUOTES:

“Institutions are tokenizing funds, moving collateral across chains, and settling in dozens of currencies. The market is here. MoonPay Trade brings all of that together in one platform for any institution, enterprise, or application.”

Ivan Soto-Wright, CEO And Co-Founder, MoonPay

“Every major financial institution is building a tokenized asset strategy. MoonPay Trade is the execution layer that MoonPay Institutional is built on, giving firms one technology platform to access onchain markets with full compliance.”

Caroline D. Pham, CEO, MoonPay Institutional, And Chief Legal Officer And Chief Administrative Officer, MoonPay

“Decent enables instant access to any asset or market across blockchains. It provides real-time routing and execution across 200+ chains to abstract the fragmentation that currently complicates transacting and building onchain. We are excited to bring this technology to MoonPay and build financial rails that connect fiat and onchain execution and settlement.”

Charlie Durbin, Co-Founder And CEO, Decent