21st May 2026. MoonPay Acquires Decent as the crypto payments giant officially launches MoonPay Trade, a cross-chain execution API supporting 200+ blockchains for institutional and enterprise users.
High Signal Summary For A Quick Glance
- MoonPay has acquired cross-chain infrastructure provider Decent (Decent.xyz) and rebranded its technology as MoonPay Trade, a single API for onchain execution across 200+ chains
- The acquisition closed in 2025 but was only publicly announced today alongside the official launch of MoonPay Trade as a live product for institutions and enterprises
- Decent co-founder Charlie Durbin confirmed the deal on X, calling MoonPay “a globally important company as the interface between TradFi and DeFi”
- Institutions, apps, and enterprises seeking compliant cross-chain execution infrastructure through a single API instead of managing multiple bridges and wallets
- Competing cross-chain routing providers like Li.Fi, Socket, and 1inch Fusion who now face a well-funded rival backed by MoonPay’s regulatory infrastructure and distribution
MoonPay Officially Unveils MoonPay Trade
The acquisition itself closed in 2025, according to multiple reports from The Block and Bloomberg. Both outlets referenced the deal as completed but unannounced at the time. Today’s announcement makes it official and introduces MoonPay Trade as a live product.
Charlie Durbin, co-founder and CEO of Decent, confirmed the news in a detailed post on X. He described MoonPay Trade as the next phase for the cross-chain routing technology his team built over the past five years.
What Is MoonPay Trade
Following the MoonPay Acquires Decent announcement, MoonPay Trade emerged as a single API that handles onchain execution, settlement, conversion, and payments. The platform targets institutions, apps, and enterprises that need reliable cross-chain infrastructure without managing bridges or multiple wallets.
The product supports 200+ chains and protocols. According to Decent’s legacy site, the platform has processed over $1B in historical volume and maintains a 99.5% execution rate. Those metrics are self-reported, and no independent on-chain verification has been published.
In practice, a developer integrates one API call. The backend then finds the best liquidity, routes across chains if needed, and returns a signed transaction for the user to approve. End users get one-click DeFi access without switching chains or handling KYC in many flows.
From Music NFTs to MoonPay Trade
The MoonPay Acquires Decent deal traces back to Decent’s founding in 2021 by Charlie Durbin, Will Collier, Will Kantaros, and Alexander Carlson. The company entered Y Combinator’s W22 batch and originally focused on music-NFT royalty tokenization before pivoting into cross-chain infrastructure.
The team then pivoted after encountering the friction of multi-chain transactions. Gas fees, bridge complexity, and fragmented liquidity pushed Decent toward building a cross-chain routing layer instead.
“We couldn’t be more excited to enter the next phase of growth with MoonPay,” Durbin wrote on X. He added that MoonPay reaches hundreds of millions of users and will be “a globally important company as the interface between TradFi and DeFi.”
By the time of the acquisition, Decent had reached roughly $2.7M in annual revenue with an 18-person bootstrapped team.
MoonPay’s Acquisition Strategy
The Decent deal fits a clear pattern. Since early 2025, MoonPay has acquired at least six companies to build what CEO Ivan Soto-Wright has called a full-stack crypto payments network.
The list includes Helio for Solana payments at roughly $175M in January 2025. Iron followed in March 2025 for stablecoin infrastructure at over $100M. Meso came in September 2025 for global payments at an undisclosed price.
In 2026, MoonPay added Sodot for key management at roughly $100M in April. Then came DFlow for Solana trading at $100M in May, according to Fortune. Decent rounds out the strategy by adding cross-chain execution.
Together, these acquisitions give MoonPay coverage across fiat on-ramps, stablecoins, key management, trading, and now cross-chain routing.
Timeline: MoonPay’s evolution from a crypto payments startup into a full-stack institutional onchain infrastructure platform
MoonPay is founded
MoonPay is incorporated in London by Ivan Soto-Wright and Victor Faramond, initially focusing on simplifying fiat-to-crypto access for mainstream users.
Fiat on-ramp officially launches
MoonPay launches its crypto purchase widget, enabling users in 150+ countries to buy assets like Bitcoin and Ethereum using cards and local payment methods.
MoonPay reaches $3.4B valuation
MoonPay raises $555 million in a Series A round led by Tiger Global and Coatue, funding global expansion, infrastructure growth, and enterprise ambitions.
Enterprise partnerships and product expansion accelerate
MoonPay expands beyond payments through partnerships with Mastercard, Sotheby’s, and Universal Pictures while launching NFT checkout infrastructure and banking integrations.
MoonPay acquires Decent
MoonPay acquires cross-chain infrastructure provider Decent.xyz, adding enterprise-grade routing, settlement, and onchain execution technology to its expanding stack.
MoonPay secures X Games sponsorship
MoonPay becomes the title sponsor of the MoonPay X Games League, marking the first league title partnership in X Games history and expanding mainstream brand visibility.
MoonPay Trade officially launches
MoonPay publicly unveils MoonPay Trade, the rebranded Decent infrastructure platform offering institutional-grade APIs for onchain execution, settlement, conversion, and payments across 200+ chains.
Expansion into full-stack institutional infrastructure
MoonPay continues positioning itself as a unified crypto operating system connecting fiat rails, stablecoins, enterprise APIs, and multichain DeFi execution infrastructure.
How MoonPay Trade Differs From Competitors
Cross-chain routing is not new. Projects like Li.Fi and Socket focus on bridge aggregation. 1inch Fusion handles DEX aggregation with intent-based execution. Fireblocks provides custodial key infrastructure for institutions.
MoonPay Trade takes a different approach. It bundles cross-chain execution with MoonPay’s existing regulatory backbone, including licenses, KYC/AML compliance, and fiat-to-onchain handoff. The result is a single API that can handle both the compliance layer and the DeFi execution layer.
Decent’s core technology provides the low-level liquidity routing and chain-abstraction layer. It connects to existing DEXes, bridges, and protocols rather than deploying proprietary smart contracts. The product remains non-custodial for end users in many flows.
MoonPay Trade vs leading on-chain infrastructure competitors (May 2026)
What Remains Unknown
Several details are still missing. MoonPay has not disclosed the acquisition price, deal structure, or exact closing timeline. No public API documentation or pricing page for MoonPay Trade has appeared yet.
The company has not named any institutional clients already onboarded to the new product. Regulatory approvals beyond MoonPay’s existing licenses remain unclear.
No dedicated coverage from CoinDesk, Bloomberg, or TechCrunch has appeared for today’s announcement. That is consistent with the event being only hours old at the time of reporting.
Community Reaction and What Comes Next
On X, the reaction has been strongly positive. MoonPay’s announcement tweet drew 279 likes and 106 replies within the first few hours. Comments ranged from “game changer for institutions” to playful jabs about MoonPay “buying the entire market.”
Katherine Wu tagged Decent’s founding team. Other accounts, including Bitget Wallet, called the launch a significant step for DeFi infrastructure.
The emerging narrative positions MoonPay as building the “full-stack crypto OS” through acquisitions. With MoonPay Trade now live, the next question is whether institutional adoption follows the infrastructure buildout.
MoonPay Trade is available now through the MoonPay business platform. Developers and enterprises can access the API for cross-chain execution, settlement, and payments across 200+ chains.
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