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.

MoonPay is betting institutions want broader access to onchain financial products beyond simple crypto purchases.

The crypto payments firm said Thursday it started MoonPay Trade, a platform designed to connect banks, fintechs and…