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MoonPay announces fourth acquisition of the year with Decent, as it launches MoonPay Trade

The Block
MoonPay has acquired cross-chain liquidity firm Decent to power its newly launched institutional-grade execution platform, MoonPay Trade.

Summary

MoonPay has acquired Decent.xyz, a cross-chain routing and liquidity provider, in an eight-figure deal. This acquisition facilitates the launch of "MoonPay Trade," an institutional API designed to enable seamless onchain execution, settlement, and payments across over 200 blockchains. By integrating Decent’s routing algorithms with its own compliance and fiat infrastructure, MoonPay continues to build a vertically integrated stack for institutional crypto services, following a series of strategic acquisitions throughout the year.

(Source:The Block)