MoonPay launches new platform MoonPay Trade to expand tokenized assets and DeFi markets

Odaily Planet Daily News: MoonPay has announced the launch of a new platform, MoonPay Trade, aimed at banks, fintech companies, and enterprise clients. It provides unified access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity across more than 200 blockchain networks.

The platform is supported by cross-chain routing infrastructure company Decent.xyz, which MoonPay recently acquired. The acquisition price is reportedly in the "high eight-figure USD range." MoonPay stated that this product will serve as the core execution layer for its institutional business, MoonPay Institutional, which is led by Caroline Pham, former acting chair of the U.S. Commodity Futures Trading Commission (CFTC).

MoonPay Trade will support subscription of tokenized funds, collateral transfers, and integration with DeFi protocols such as Aave, Morpho, and Maple Finance, enabling institutions to directly engage in lending and yield generation operations on-chain.

Industry data shows that the current scale of tokenized real-world assets (RWA) has exceeded $33 billion, a threefold increase within one year. Traditional financial institutions including BlackRock, Franklin Templeton, and JPMorgan have successively launched tokenized fund products, driving institutional capital to accelerate its entry into the on-chain financial system.

MoonPay stated that as institutions continue to advance their tokenized asset strategies, its goal is to provide traditional financial institutions with compliant infrastructure capabilities to access the on-chain market through a unified interface. (CoinDesk)