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MoonPay expands into tokenized assets and DeFi markets with new platform for banks
With MoonPay Trade, the crypto payments firm is building infrastructure for banks, fintechs to access stablecoins, tokenized funds and yield in a one-stop shop.
May 21, 2026, 2:42 p.m. 2 min read
What to know:
- MoonPay is expanding beyond crypto payments to give banks and fintechs access to tokenized assets, DeFi and stablecoin liquidity across more than 200 blockchains.
- The platform is underpinned by Decent.xyz, the cross-chain startup MoonPay acquired, and will support the firm’s financial institutional business led by former acting CFTC Chair Caroline Pham.
- Tokenized assets has become rapidly growing crypto sector attracting the interest of Wall Street firms as traditional finance and blockchain increasingly intertwine.
The service is underpinned by Decent.xyz, the cross-chain routing startup MoonPay has acquired for a “high eight-figure” sum, a spokesperson said.
The expansion comes as tokenization is gaining momentum across finance, attracting global banks and asset managers. Tokenized real-world assets — blockchain-based versions of stocks, bonds and funds — now exceed $33 billion in market value, tripling in a year, RWA.xyz data shows. Boston Consulting Group projected the market could grow to $18.9 trillion by 2033.
Large asset managers including BlackRock, Franklin Templeton and JPMorgan have already introduced tokenized funds on public blockchains, while stablecoins increasingly serve as settlement rails for payments and trading activity.
