MoonPay acquires EntendreAI to expand stablecoin and digital asset infrastructure

The deal adds an AI accounting startup to MoonPay’s infrastructure stack as the crypto payments company broadens tools tied to stablecoins and digital assets.

Summary

MoonPay has acquired EntendreAI in a move aimed at expanding its stablecoin and digital asset infrastructure stack. The announcement identifies EntendreAI as an AI accounting startup, suggesting the deal is intended to add accounting and back-office capabilities to MoonPay’s broader crypto infrastructure offering.

Terms & Concepts
  • stablecoin: Crypto token designed to track a stable asset
  • digital asset infrastructure: Tools and systems supporting crypto transactions and operations
  • AI accounting: Use of artificial intelligence for accounting workflows