Crypto payments firm MoonPay introduces a platform enabling financial institutions to integrate tokenized assets and DeFi across 200 blockchains.
MoonPay has rolled out MoonPay Trade, a platform allowing banks, fintechs, and enterprises to access tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity. The service supports over 200 blockchains through a single integration, leveraging technology from Decent.xyz, a cross-chain startup acquired for a high eight-figure sum.
The move reflects growing institutional interest in tokenized real-world assets, a sector attracting Wall Street firms as traditional finance and blockchain converge. MoonPay’s platform is led by former acting CFTC Chair Caroline Pham, signaling a push to bridge regulatory and institutional gaps in crypto markets.
Tokenization has gained traction among global banks and asset managers, with blockchain-based versions of assets offering new liquidity and yield opportunities. MoonPay aims to position itself as a key infrastructure provider for institutions seeking broader onchain financial products beyond basic crypto transactions.