Home MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi

Share
MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi
News
Share

MoonPay, a crypto payments company, has bought the cross-chain startup Decent in a deal worth tens of millions. This move helps MoonPay expand further into tokenized assets and decentralized finance.

With this purchase, MoonPay also launched a new platform called MoonPay Trade. It is designed to help banks, fintech companies, and asset managers access tokenized assets, DeFi apps, and stablecoin liquidity through one system.

The platform brings together Decent’s routing and bridge technology with MoonPay’s compliance tools, payment systems, and liquidity. It works with over 200 blockchains and more than 120 fiat currencies, letting users move assets across chains without using several platforms.

MoonPay said this system will be the main execution layer for MoonPay Institutional, which is led by former acting CFTC Chair Caroline Pham. The company thinks demand for tokenized financial products is growing fast as big firms like BlackRock and JPMorgan Chase offer more blockchain-based assets.

Industry data shows that tokenized real-world assets are now worth over $33 billion, which highlights the growing interest from institutions in blockchain-based finance.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi
News

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi

MoonPay, a crypto payments company, has bought the cross-chain startup Decent in a deal worth tens of millions. This move helps MoonPay...

IG Expands European Crypto Trading Through Bitpanda Partnership
News

IG Expands European Crypto Trading Through Bitpanda Partnership

IG Group, a London-listed trading platform, plans to grow its crypto trading services in Europe by partnering with the Austrian exchange Bitpanda....

XRP Ledger Achieves Major Upgrade Milestone Ahead Of Mainnet Activation
News

XRP Ledger Achieves Major Upgrade Milestone Ahead Of Mainnet Activation

The XRP community is getting ready for a big technical update as the XRP Ledger (XRPL) plans its v3.1.3 mainnet upgrade on...

Kraken Secures Dubai VARA License As IPO Ambitions Grow
News

Kraken Secures Dubai VARA License As IPO Ambitions Grow

Kraken has been approved by Dubai’s Virtual Asset Regulatory Authority (VARA), which lets the exchange offer regulated crypto services in the United...

Latest Blogs

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and rather amusing part of digital coins that thrive on community...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career in next generation internet, AI and Web3. The good news...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Related Articles

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...