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Home»Blockchain»Ramp and Linea join forces for direct zkEVM global financial integration
Blockchain

Ramp and Linea join forces for direct zkEVM global financial integration

2023-10-28No Comments2 Mins Read
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Ramp, a financial technology company building the payment rails that connect the cryptocurrency market to the international financial system, and Linea, a zkEVM rollup for developers to scale Ethereum dapp, have announced a strategic alliance. This partnership combines Ramp Network’s reliable international payment infrastructure and Linea Network’s state-of-the-art blockchain technology.

Users in more than 150 countries and territories can now purchase ETH and USDC directly on the Linea network through the Ramp widget, which will be made accessible through Ramp’s broad network of integration partners, as part of the first phase of this strategic partnership. To continue offering a smooth, secure and user-friendly experience to everyone, both companies have taken the first step in exploring potential synergies between Ramp Network and Linea Network’s key technologies.

“This partnership with Linea Network highlights our shared vision of providing 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 well-known payment solutions, paving the way for Web3 and the Internet of Value,” said Szymon Sypniewicz, CEO of Ramp.

“In partnership with Ramp Network, Linea combines advanced zkEVM technology with global financing, underscoring our commitment to a seamless and accessible decentralized future. This partnership reinforces our drive to empower developers and users, setting a new benchmark for Web3 accessibility and innovation.” Said Declan Fox, product leader at Linea.

One of the world’s leading blockchain software companies, Consensys, has created Linea, which combines the power of full Ethereum Virtual Machine (EVM) equivalence with zero-knowledge proofs. This makes it possible for a large community of developers to create scalable dapps or migrate pre-existing dapps without having to worry about rewriting smart contracts or changing code.

See also  SEC Chairman Gary Gensler will meet with the Korean regulator to discuss the global impact of Bitcoin ETF: report

More customers around the world will have easier, instant access to a powerful, secure and fast network using Ramp’s industry-leading on-ramp and Linea’s creative calculation design, all while using familiar payment options like cards, Google Pay and Apple Pay.

This collaboration begins a promising path toward reimagining what’s possible in the Web3 space, and Linea Network and Ramp Network are well positioned to lead this shift together.

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