To further bolster its global fintech offerings, Ramp is now joining forces with Linea, a developer-friendly zkEVM roll-up platform for Ethereum dApps scalability to create a payment infrastructure that bridges the crypto world with the global financial system.
Today, Ramp announced its official partnership with Linea. This collaboration, which marks the first step in exploring the synergy between the two companies, brings together Linea Network’s cutting-edge blockchain tech and Ramp Network’s robust global payment infrastructure.
Together, they aim to redefine possibilities in the Web3 sector. In the initial phase of this partnership, users from over 150 countries can now purchase ETH and USDC directly on the Linea Network through Ramp’s widget. This partnership aims to create a seamless, secure, and user-friendly experience for all users.
Commenting on the partnership, Ramp CEO Szymon Sypniewicz said: “This partnership with Linea Network highlights our shared vision of empowering builders with direct, optimized rails for creating easily accessible applications on the blockchain. With a mutual passion for prioritizing users, our collaboration brings together the best of cutting-edge blockchain technology with familiar payment solutions, paving the way for Web3 and the Internet of value.”
Declan Fox, Product Lead at Linea, also shared his excitement about the partnership: “In partnering with Ramp Network, Linea fuses advanced zkEVM technology with global finance, underscoring our commitment to a seamless and accessible decentralized future. This collaboration amplifies our drive to empower developers and users, setting a new benchmark for Web3 accessibility and innovation.”
Linea was created by Consensys, a prominent blockchain software company. It combines the capabilities of zero-knowledge proofs with full Ethereum Virtual Machine (EVM) equivalence. This means that it enables a wide range of developers to build scalable decentralized applications (dApps) or seamlessly move existing ones without the inconvenience of altering code or rewriting smart contracts.
The unique design of Linea’s prover, coupled with Ramp’s leading on-ramp technology, ensures a user-friendly and efficient pathway to a high-performance, secure, and swift network. This expanded accessibility caters to users worldwide, providing them with the convenience of using familiar payment methods like credit cards, Google Pay, and Apple Pay.
Ramp is a fintech startup with a mission to bridge the gap between the crypto economy and the global financial system of today. Through their core on-ramp and off-ramp solutions, Ramp offers businesses and individuals in over 150 countries a straightforward and seamless experience for converting between cryptocurrencies and traditional fiat currencies. Ramp is fully integrated with major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.