Investing.com – UK-based crypto infrastructure firm Ramp Network has expanded its services to support crypto asset purchases in all 50 US states and the District of Columbia, Investing.com has learned.
The company, which builds payment infrastructure that connects cryptocurrencies to the conventional financial system, has added 17 more states to its platform, expanding access to its services across the country.
“Making Web3 accessible and usable for everyone is core to Ramp Network's mission,” Szymon Sypniewicz, CEO and co-founder of Ramp Network, told Investing.com.
“We're now expanding effortless onboarding and offboarding to 100 million more Americans. At the same time, we're providing access to 100 million potential customers for hundreds of developers we work with who use our platform to make onboarding to their products easy and accessible.”
Previously available in 33 states and the District of Columbia, Ramp Network’s onboarding services allow users to buy and sell over 100 cryptocurrencies with “fast delivery and high transaction limits.”
The recent expansion provides access to over 100 million additional users in states including New York, Florida, Louisiana and Ohio, allowing them to use bank cards and Apple (NASDAQ:) Pay to purchase popular cryptocurrencies such as Ethereum, Litecoin, Ethereum Classic, and Ethereum Classic, among others.
Sypniewicz noted that the United States is the company's largest market.
“This expansion allows us to serve all Americans, but also enables hundreds of our partners to onboard the more than 100 million people in the states that are now accessible. We are thrilled to offer nationwide access and look forward to welcoming new users to our platform,” he said.
The expansion comes amid growing interest in cryptocurrencies in the US. A report from Coinbase (NASDAQ:) reveals that Bitcoin is a hot topic for Americans, whether they invest in it or not.
According to Coinbase research, 58% of Americans are familiar with Bitcoin and 15% are considering purchasing cryptocurrency in the near future. As more states regulate cryptocurrencies, demand for streamlined onboarding solutions like Ramp’s is expected to grow.
Ramp Network, which partners with major cryptocurrency wallets such as MetaMask, Trust Wallet, and Exodus, serves over 150 countries and regions and supports purchases in 42 fiat currencies. The company recently launched a document-less verification system in Brazil to speed up cryptocurrency purchases, and has plans to roll it out more widely.
Ramp is focused on simplifying digital asset transactions by allowing developers to integrate cryptocurrency on- and off-ramps directly into their applications. The company is also expanding support for local payment methods in Argentina, Mexico, India, and other countries to help make Web3 more accessible worldwide.
