MoonPay Launches DeFi and Tokenization Platform for Banks
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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. 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. MoonPay has completed several acquisitions in recent months. Earlier in May, the company acquired DFlow, a Solana trading infrastructure...
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