Ramp Network Launches Multichain Wallet to Cut Third-Party Handoffs
Ramp Network launched a multichain self-custodial wallet to simplify crypto actions like buying and swapping within a single app.Summary
Fintech company Ramp Network has introduced a multichain self-custodial wallet aimed at reducing reliance on third-party providers for essential crypto operations. The wallet allows users to buy, sell, trade, and cash out digital assets directly within the application, utilizing Ramp's own infrastructure for on-ramp, off-ramp, and cross-chain functionalities. Initially supporting Ether (ETH) across eight networks, it plans to expand to include Bitcoin, Solana, and others. Ramp aims to address the fragmentation in self-custody by integrating these functions into one app without compromising user control over assets. The wallet uses USDC on Base for internal transactions and secures assets through passkeys and optional key export. While available globally except the EU due to regulatory processes, Ramp previously served over 10 million users as an infrastructure layer for partner apps like MetaMask.
(Source：Cointelegraph)