MoonPay launches new platform MoonPay Trade to expand in tokenized assets and DeFi markets
Odaily reported that MoonPay has announced the launch of a new platform, MoonPay Trade, targeting banks, fintech companies, and corporate clients. The platform offers unified access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity, covering more than 200 blockchain networks.
This platform is supported by Decent.xyz, a cross-chain routing infrastructure company recently acquired by MoonPay, with the acquisition reportedly valued in the "high eight figures" of USD. MoonPay stated that this product will become the core execution layer of its institutional business, MoonPay Institutional, which is led by former acting chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham.
MoonPay Trade will support tokenized fund subscriptions, collateral transfers, and integration with DeFi protocols such as Aave, Morpho, and Maple Finance, allowing institutions to perform lending and yield generation operations directly on-chain.
Industry data shows that the current scale of tokenized real-world assets (RWA) has exceeded 3.3 billion USD, a threefold increase over the past year. Traditional financial institutions, including BlackRock, Franklin Templeton, and JPMorgan, have successively launched tokenized fund products, accelerating institutional capital's entry into the on-chain financial system.
MoonPay stated that as institutions continue to pursue tokenized asset strategies, its goal is to provide traditional financial institutions with the infrastructure capability to access on-chain markets compliantly via a unified interface. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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