Key Takeaways
Moonpay launched Moonpay Trade on May 21, 2026, giving institutions access to 200+ chains through one API.DFlow processed over $12 billion in Q1 2026 volume, extending Moonpay Trade’s reach across Solana and EVM markets.Caroline D. Pham’s Moonpay Institutional unit will use Moonpay Trade as its compliance-backed onchain execution layer.
Moonpay Trade Launches With Cross-Chain Access to 200+ Protocols for Banks and Asset Managers
The platform is powered by Decent.xyz, the Y Combinator-backed cross-chain routing company Moonpay acquired. Decent was founded in 2021 by Charlie Durbin, Will Collier, Will Kantaros, and Xander Carlson, and backed by Archetype and Circle. The acquisition brings proprietary bridge infrastructure, routing algorithms, and an aggregation layer to Moonpay’s growing stack.
Onchain liquidity is split across hundreds of chains, venues, and protocols. Building direct connectivity to all of it is a large engineering undertaking for any firm. Moonpay Trade condenses that into a single integration that handles cross-chain execution, settlement, conversion, and payments across more than 120 fiat currencies.
Moonpay Trade will serve as the execution layer for Moonpay Institutional, the company’s business unit for regulated financial services firms. That unit is led by Caroline D. Pham, former acting CFTC Chairman. Pham said every major financial institution is building a tokenized asset strategy, and Moonpay Trade gives firms one technology platform to access onchain markets with full compliance built in.
Ivan Soto-Wright, CEO and co-founder of Moonpay, said the market for tokenized assets is here. “Moonpay Trade brings all of that together in one platform for any institution, enterprise, or application,” he said.
The platform supports cross-chain routing across Ethereum, Solana, Base, Hyperliquid, Bitcoin, and more than 200 other networks. It also handles collateral movement across permissioned and permissionless networks, fiat-to-onchain settlement in 120-plus currencies, and compliance infrastructure covering KYC/AML and reporting requirements for institutional users.
Moonpay Trade pairs with the company’s recent acquisition of DFlow, a trading infrastructure provider on Solana that processed more than $12 billion in trading volume in Q1 2026. Together, the two platforms extend Moonpay’s execution capabilities across EVM, cross-chain, and Solana-native markets.
Tokenized real-world assets have surpassed $33 billion in onchain value, according to rwa.xyz stats. BCG has projected that the total value of tokenized real-world assets could reach $14 trillion by 2030 and $55 trillion by 2035. Total value locked across DeFi protocols exceeds $100 billion today.
Franklin Templeton and other fund managers have launched tokenized funds on public blockchains. The infrastructure gap has been a limiting factor for firms that are regulatory-ready but lack the technical stack to participate in onchain markets. Moonpay Trade is positioned to close that gap.
Moonpay Trade also includes a proprietary automated market maker built for stablecoin trades, offering 1:1 quotes for trades routed through Moonpay’s APIs. The liquidity layer supports onchain subscriptions and redemptions for tokenized funds, along with yield-generating vault integrations on Morpho, Aave, and Maple Finance.
Charlie Durbin, co-founder and CEO of Decent, said the platform delivers real-time routing and execution across 200-plus chains to remove the fragmentation that currently complicates building and transacting onchain. “We are excited to bring this technology to Moonpay and build financial rails that connect fiat and onchain execution and settlement,” he said.
Over the past 18 months, Moonpay has made more than six acquisitions spanning payments, stablecoins, digital asset custody, and onchain trade execution. Moonpay Trade represents the company’s latest step toward building end-to-end infrastructure for tokenized financial services.
