MoonPay acquires Decent, launches MoonPay Trade

MoonPay has acquired Decent and launched MoonPay Trade, a unified API that offers institutional-grade cross-chain execution, settlement, conversion and payments across more than 200 chains and protocols.

The company announced the acquisition Thursday. A person familiar with the transaction confirmed the price was in the eight figures. MoonPay Trade integrates Decent’s routing algorithms, bridge infrastructure and liquidity layer with MoonPay’s fiat on- and off-ramps and compliance systems to enable one-click on-chain transactions and conversions for institutional clients.

MoonPay Trade is positioned as an execution and settlement layer for institutions seeking regulated access to on-chain markets. The product is designed to handle order execution, settlement, currency conversion and payments across a wide set of chains and protocols while using MoonPay’s compliance and fiat rails to move assets between cryptocurrency and traditional currency.

The tool will support MoonPay Institutional’s tokenization business. Caroline D. Pham, MoonPay’s chief legal officer and CEO of MoonPay Institutional, described MoonPay Trade as the execution layer for firms building tokenized asset strategies. Pham served as a commissioner at the Commodity Futures Trading Commission beginning in 2022 and was acting chair in 2025 before joining MoonPay.

The Decent acquisition is at least MoonPay’s fourth purchase in 2026. Earlier deals this year included a Solana-based infrastructure trading platform, an AI-driven trading tool and a crypto key-management firm that supported the April launch of MoonPay Institutional. Last year the company acquired three other infrastructure firms.

Decent was founded in 2021 and began as a music NFT project before shifting to cross-chain routing and low-level liquidity services. MoonPay said the Decent team and technology will be folded into MoonPay Trade and its broader institutional offering.

MoonPay’s platform now spans fiat on- and off-ramps, payments, key management and cross-chain routing and execution. Company executives described the integrated stack as allowing firms to handle custody, movement, execution and settlement across multiple chains from a single provider.