MoonPay Launches MoonPay Trade for Institutional Access to Tokenized Assets
MoonPay, the crypto payments firm, has launched MoonPay Trade, a platform designed to give banks, fintechs, and enterprises access to tokenized assets, DeFi protocols, and stablecoin liquidity across over 200 blockchains via a single integration. The service is powered by Decent.xyz, a cross-chain routing startup that MoonPay acquired for a 'high eight-figure' sum. The launch comes as tokenization gains traction in mainstream finance, with tokenized real-world assets surpassing $33 billion in market value, a threefold increase in a year, according to RWA.xyz data. Boston Consulting Group projects the market could reach $18.9 trillion by 2033. MoonPay Trade acts as the execution arm of MoonPay Institutional, led by former acting CFTC Chair Caroline Pham. The platform supports tokenized fund subscriptions, collateral transfers, and integrations with DeFi lending protocols like Morpho, Aave, and Maple Finance. MoonPay has been on an acquisition spree, recently buying Solana trading infrastructure provider DFlow and security startup Sodot, following previous acquisitions of Meso and Helio.
Key facts
- MoonPay launches MoonPay Trade for institutional access to tokenized assets and DeFi.
- Platform supports over 200 blockchains, powered by acquired startup Decent.xyz.
- Tokenized real-world assets exceed $33B, projected to reach $18.9T by 2033.
- Integrates with DeFi lending protocols like Aave, Morpho, and Maple Finance.
- Part of MoonPay's acquisition spree, including DFlow and Sodot this year.