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

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

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

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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.

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