MoonPay has introduced MoonPay Trade, a platform designed to bring banks and fintechs into the world of decentralized finance and tokenized assets. This new offering provides a single interface for accessing over 200 blockchain networks, enabling institutional clients to trade, lend, and manage assets seamlessly.
The platform serves as the execution layer for MoonPay Institutional, which was built after the acquisition of the digital asset security firm Sodot. MoonPay Trade supports tokenized fund subscriptions, collateral transfers, and on-chain lending through protocols such as Aave, Morpho, and Maple Finance. This allows institutions to participate in DeFi without needing to manage complex wallet infrastructure.
Keith Grossman, President of MoonPay, emphasized that the platform integrates execution capabilities for retail payments, making it easier for banks and fintechs to offer crypto services. The move marks a shift from MoonPay’s retail-focused origins to a provider of institutional-grade infrastructure.
The launch comes at a time when only about 10% of real-world asset liquidity is active in DeFi, according to research by Tanaka. Tokenized gold and commodities on-chain are worth around $7 billion, but only $184 million is deployed in DeFi protocols. MoonPay Trade aims to bridge this gap by providing a compliant and performant gateway for institutions.
MoonPay now serves over 30 million customers across 180 countries and works with more than 500 enterprise clients. The company’s MPC wallet technology, acquired through Sodot, secures institutional keys and automates complex workflows. By offering an all-in-one solution, MoonPay competes with other institutional DeFi access platforms like Fireblocks, Circle, Coinbase, and BitGo, positioning itself as a full-stack infrastructure provider for tokenized finance.