Blab Crypto
MoonPay Acquires Rhythm to Expand On-Chain Trading Offerings
When a Miami‑based fintech announces it has found the missing piece to on‑chain trading, the market takes notice.
On August 28, 2026, MoonPay revealed it had acquired Rhythm, a boutique on‑chain trading signals platform. The deal brings Rhythm’s technology and its three co‑founders—Joseph Murphy, James Miller and Lincoln Barnett III—into MoonPay’s product suite.
Rhythm, founded in 2025, was the first company to receive an investment from MoonPay Labs, the venture arm that backs early‑stage crypto infrastructure projects. In its announcement, MoonPay described the platform as a “trading experience that helps users discover tokens, track the market and act fast, without having to juggle multiple apps.” The company added that Rhythm is “one of the most complete answers we’ve seen to that challenge,” highlighting its ability to surface trading opportunities, automate strategies and manage positions in real time.
The acquisition fits into a broader pattern of MoonPay’s recent forays into on‑chain trading and infrastructure. Over the past two years the company has added Glide, a crypto‑deposit solution; Entendre, an AI accounting agent for stable‑coin firms; Dawn Labs, an applied research lab focused on AI and financial markets; DFlow, a Solana‑based trading infrastructure platform; Sodot, a management‑infrastructure company; Meso, a payment‑infrastructure firm; Iron, an API‑first stable‑coin platform; and Helio, a cryptocurrency payment processor. Each new addition has stretched MoonPay’s reach beyond its original role as a fiat‑to‑crypto payment gateway.
According to a LinkedIn post by co‑founder James Miller, the Rhythm team had been building the platform for eight months before the acquisition. Miller wrote, “Happy to say that last July, after just 8 months of building, Rhythm was acquired by MoonPay. It was a crazy ride and an incredible effort by the entire team!”
Rhythm’s platform is designed to help users discover opportunities, execute trades and manage risks in fast‑moving markets. The press release noted that the service integrates with MoonPay’s Top Up widget, which lets users add fiat to their accounts quickly and securely. By embedding Rhythm’s signals and automation tools into the Top Up flow, MoonPay aims to streamline the transition from fiat to on‑chain trading.
MoonPay’s statement emphasized that the acquisition supports its goal of promoting the adoption of online trading. The company said it is “moving value across fiat and digital assets” and that adding Rhythm’s on‑chain trading capabilities will deepen its presence in the broader crypto ecosystem.
The deal does not disclose a purchase price or any financial terms. No regulatory filings or court documents have been released that detail the transaction. The acquisition was announced via a press release emailed to PYMNTS and corroborated by several crypto news outlets.
With Rhythm’s technology now under its umbrella, MoonPay will offer a more comprehensive suite of services that includes payment processing, fiat onboarding and advanced on‑chain trading tools. The company’s strategy appears to be to create an end‑to‑end experience for retail and institutional users who want to move between fiat and digital assets without managing multiple platforms.
As of September 11, 2026, MoonPay has integrated Rhythm’s core features into its product roadmap. The company has not yet announced a timeline for a public launch of the combined service, nor has it disclosed any regulatory approvals required for the new trading functionality. Investors and users will need to watch MoonPay’s subsequent communications for updates on rollout plans and any potential compliance steps.
The acquisition marks another step in MoonPay’s evolution from a payment gateway to a full‑stack crypto infrastructure provider, positioning it to compete with other fintech firms that are expanding into on‑chain trading and automated market‑making services.
On August 28, 2026, MoonPay revealed it had acquired Rhythm, a boutique on‑chain trading signals platform. The deal brings Rhythm’s technology and its three co‑founders—Joseph Murphy, James Miller and Lincoln Barnett III—into MoonPay’s product suite.
Rhythm, founded in 2025, was the first company to receive an investment from MoonPay Labs, the venture arm that backs early‑stage crypto infrastructure projects. In its announcement, MoonPay described the platform as a “trading experience that helps users discover tokens, track the market and act fast, without having to juggle multiple apps.” The company added that Rhythm is “one of the most complete answers we’ve seen to that challenge,” highlighting its ability to surface trading opportunities, automate strategies and manage positions in real time.
The acquisition fits into a broader pattern of MoonPay’s recent forays into on‑chain trading and infrastructure. Over the past two years the company has added Glide, a crypto‑deposit solution; Entendre, an AI accounting agent for stable‑coin firms; Dawn Labs, an applied research lab focused on AI and financial markets; DFlow, a Solana‑based trading infrastructure platform; Sodot, a management‑infrastructure company; Meso, a payment‑infrastructure firm; Iron, an API‑first stable‑coin platform; and Helio, a cryptocurrency payment processor. Each new addition has stretched MoonPay’s reach beyond its original role as a fiat‑to‑crypto payment gateway.
According to a LinkedIn post by co‑founder James Miller, the Rhythm team had been building the platform for eight months before the acquisition. Miller wrote, “Happy to say that last July, after just 8 months of building, Rhythm was acquired by MoonPay. It was a crazy ride and an incredible effort by the entire team!”
Rhythm’s platform is designed to help users discover opportunities, execute trades and manage risks in fast‑moving markets. The press release noted that the service integrates with MoonPay’s Top Up widget, which lets users add fiat to their accounts quickly and securely. By embedding Rhythm’s signals and automation tools into the Top Up flow, MoonPay aims to streamline the transition from fiat to on‑chain trading.
MoonPay’s statement emphasized that the acquisition supports its goal of promoting the adoption of online trading. The company said it is “moving value across fiat and digital assets” and that adding Rhythm’s on‑chain trading capabilities will deepen its presence in the broader crypto ecosystem.
The deal does not disclose a purchase price or any financial terms. No regulatory filings or court documents have been released that detail the transaction. The acquisition was announced via a press release emailed to PYMNTS and corroborated by several crypto news outlets.
With Rhythm’s technology now under its umbrella, MoonPay will offer a more comprehensive suite of services that includes payment processing, fiat onboarding and advanced on‑chain trading tools. The company’s strategy appears to be to create an end‑to‑end experience for retail and institutional users who want to move between fiat and digital assets without managing multiple platforms.
As of September 11, 2026, MoonPay has integrated Rhythm’s core features into its product roadmap. The company has not yet announced a timeline for a public launch of the combined service, nor has it disclosed any regulatory approvals required for the new trading functionality. Investors and users will need to watch MoonPay’s subsequent communications for updates on rollout plans and any potential compliance steps.
The acquisition marks another step in MoonPay’s evolution from a payment gateway to a full‑stack crypto infrastructure provider, positioning it to compete with other fintech firms that are expanding into on‑chain trading and automated market‑making services.
