MoonPay launched MoonPay Trade, a platform connecting banks and enterprises to DeFi and tokenized assets.
Stablecoin News
MoonPay has launched a new institutional platform called MoonPay Trade, connecting banks, fintechs, and enterprises to tokenized assets, DeFi protocols, and stablecoin liquidity. It operates across more than 200 blockchains through a single integration point. The company announced the launch on May 21.
MoonPay Trade functions as the execution arm of MoonPay Institutional. That division focuses on serving regulated financial firms. It is led by Caroline Pham, who previously served as acting chair of the Commodity Futures Trading Commission (CFTC).
"Every major financial institution is building a tokenized asset strategy," Pham said in a statement. She added that MoonPay Trade gives institutions access to on-chain markets "with full compliance." The platform supports tokenized fund subscriptions, collateral transfers, and integrations with DeFi lending protocols, including Morpho, Aave, and Maple Finance.
Decent.xyz Acquisition Powers the Platform
The platform is built on infrastructure from Decent(dot)xyz, a cross-chain routing startup that MoonPay has acquired. A person familiar with the matter said the acquisition was valued at a "high eight-figure" sum. Decent(dot)xyz provides the cross-chain capabilities that allow the platform to function across a wide range of networks.
Tokenized real-world assets now exceed $33 billion in market value. That figure has tripled over the past year, according to RWA(dot)xyz. Boston Consulting Group has projected the market could grow to $18.9 trillion by 2033. BlackRock, Franklin Templeton, and JPMorgan have each already launched tokenized funds on public blockchains.
MoonPay has completed several acquisitions in recent months. Earlier in May, the company acquired DFlow, a Solana trading infrastructure provider that processed more than $12 billion in volume in Q1. It also acquired security startup Sodot in 2026. Last year, it purchased payments processors Meso and Helio.
Each deal reflects a deliberate expansion beyond crypto payments. MoonPay Trade is the clearest expression of that shift. The platform targets institutional demand for on-chain yield, cross-chain settlement, and collateral management—services that financial firms have historically sourced from separate providers.
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