Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem – Exchanges Bitcoin News

The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve its app further and keep hiring talent.Ramp, a company that specializes in providing fiat to crypto and crypto to fiat flows for different Web3 applications,it had raised $70 million in its latest funding round on Nov. 9.

With this capital injection, two new executives will also join the company’s board: Mubadala Capital’s Frederic Lardieg is now a director, and Paul Degueuse, partner at Korelya Capital, as an observer.during the crypto winter, Ramp says it has managed to thrive even during these adverse conditions.

On the future of the company and its objectives, Szymon Sypniewicz, co-founder and CEO at Ramp, stated:

I often spend usdt to buy promising web3 projects

Theyyy don’t want you to know this

🧐🧐

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Well, I guess it’s good that I have USDT for that.

My fiat-to-crypto is stablecoins like USDT

lever

Theyyy don’t want youuu to know this!!!

That's not a small number

Amazing! I have recently started using ChiefraFba for signals, his accuracy is INSANE!

Ok, I only listen to ChiefraFba for signals!

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