MoonPay is increasing deeper into onchain buying and selling with the acquisition of Rhythm, a platform constructed to assist merchants discover alternatives, execute transactions and handle danger throughout fast-moving crypto markets.
The deal brings Rhythm’s know-how and its three co-founders, Joseph Murphy, James Miller and Lincoln Barnett III, into MoonPay.
The acquisition additionally closes a loop that started final yr. Rhythm was the first firm backed by MoonPay Labs in 2025, giving MoonPay an early take a look at the platform earlier than in the end deciding to convey the staff and know-how in-house.
For MoonPay, the deal provides one other piece to a enterprise that has expanded nicely past its authentic position serving to customers purchase and promote crypto with fiat. The corporate now operates throughout funds, buying and selling, stablecoins and onchain infrastructure, serving greater than 30 million clients in 180 international locations and over 1,500 enterprise shoppers.
From Buying and selling Indicators to Execution
Rhythm was constructed round a persistent drawback in onchain markets: merchants usually want a number of instruments to find property, analyze alternatives, execute trades and handle danger. The platform combines these capabilities, offering buying and selling alerts alongside automation, execution and risk-management instruments.
That know-how now turns into a part of MoonPay’s rising buying and selling infrastructure. The acquisition additionally brings a staff with expertise constructing high-frequency DeFi buying and selling techniques and different transaction-heavy software program.
Rhythm Chief Product Officer Joseph Murphy beforehand co-founded Minty Finance, the place he helped construct high-frequency DeFi buying and selling software program liable for greater than $7 million in executed trades.
Earlier than that, Murphy based Mirage Software program, an automatic checkout know-how firm that facilitated greater than $50 million in buyer spending.
Rhythm CEO Lincoln Barnett III has been energetic in DeFi buying and selling whereas working with startups throughout fundraising, go-to-market technique, partnerships, operations and development. At Rhythm, he led the corporate’s technique and improvement round buying and selling discovery, automation, danger administration and execution.
CTO James Miller brings a technical background spanning fintech, cloud infrastructure and buying and selling techniques. He beforehand labored as a full-stack engineer at Spendesk and co-founded Minty Finance alongside Murphy, whereas earlier roles coated multi-region AWS infrastructure and shopper software program.
MoonPay Retains Increasing Past Crypto Funds
Earlier this month, the corporate additionally expanded PayBox, its fee vault constructed for AI, by integrating Solana lending protocol Kamino. That integration permits eligible customers to arrange lending and borrowing transactions via conversations with ChatGPT and Claude.
Rhythm provides onchain buying and selling to that growth, bringing discovery, automation and danger administration into MoonPay’s ecosystem of greater than 30 million clients globally.
