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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

2023-10-26No Comments2 Mins Read
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Ramp, a financial technology firm building the payment rails that link the cryptocurrency market to the international financial system, and Linea, a developer-ready zkEVM rollup for Ethereum dapp scaling, have announced a strategic alliance. Through this partnership, Ramp Network’s reliable international payments infrastructure and Linea Network’s state-of-the-art blockchain technology are combined.

Users in over 150 nations and territories may now buy ETH and USDC straight to the Linea Network via the Ramp widget, which is made accessible via Ramp’s wide network of integration partners, as part of this strategic collaboration’s initial phase. In order to continue offering a smooth, safe, and user-friendly experience for everyone, both businesses have taken the initial step toward investigating potential synergies between the key technologies of Ramp Network and Linea Network.

ā€œThis 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,ā€ said Szymon Sypniewicz, CEO at Ramp.

ā€œIn 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.ā€ Said Declan Fox, Product Lead at Linea.

One of the leading blockchain software firms in the world, Consensys, created Linea, which combines the strength of full Ethereum Virtual Machine (EVM) equivalency with zero-knowledge proofs. This makes it possible for a large community of developers to create scalable dapps or migrate already-existing ones without having to worry about rewriting smart contracts or altering code.

See also  UK Regulators Release Guidance for ā€˜Finfluencers’ and Memes Promoting Financial Products

More customers worldwide will have easier, direct access to a high-performance, safe, and quick network with the help of Ramp’s industry-leading on-ramp and Linea’s creative prover design, all while using well-known payment options like cards, Google Pay, and Apple Pay.

With this collaboration, a promising path towards reimagining what is possible in the Web3 space has begun, and Linea Network and Ramp Network are well-positioned to spearhead this shift together.

Direct Financial forces integration Join Linea ramp zkEVMGlobal
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