back Back

Kalao integrates Ramp to drive the mainstream adoption of NFTs

By Joy Dumasia

April 19, 2022

  • AVAX
  • Blockchain Security
  • Crypto Economy
Share

Ramp has partnered with Kalao, a NFT marketplace powered by the Avalanche public blockchain, to enable users to rapidly purchase AVAX from a variety of fiat payment options.

Ramp has reduced onboarding times by up to 90% within its partner ecosystem by providing millions of users with quick and secure access to the crypto economy. Kalao, which focuses on the metaverse and virtual reality, anticipates it will reach swathes of new users following the integration.

Hassan, one of the Co-Founders of Kalao, said: “Kalao is an NFT ecosystem which is centered on being accessible, cost-effective and user intuitive. After researching the market, Ramp had a considerable advantage for its clear, transparent and highly competitive fee structure as well as its focus on user experience. As we look to the future, we expect the Ramp integration to dramatically accelerate adoption of Kalao.” 

Ramp’s partners include some of the world’s most trusted brands and pioneering blockchain ventures, which depend on the low friction product to enable the mainstream adoption of their services. Ramp’s non-custodial, full-stack payment infrastructure accelerates adoption and builds trust for its partners. Its fiat-to-crypto payments service helps partners meet regulatory demands while eliminating a complex buyer journey.

Jacques Whales, Chief Meta Officer at Ramp, said: “Making the payment process secure, easy and seamless will be a key factor in attracting new collectors to the NFT space and is something other platforms will need to work on to secure their position in the future. We believe end-users shouldn’t need to educate themselves on the technical features of a blockchain in order to engage with it effectively. And Kalao is facilitating this kind of mainstream adoption.”

Recently, IBS Intelligence reported that Ramp has partnered with Zilliqa to facilitate fast, secure and frictionless fiat-to-crypto payments of its token, ZIL. Zilliqa, a high-performance, high-security, and low fee layer-1 blockchain protocol, has built a reputation for its secure-by-design network and high scalability, which enable developers to design and develop powerful user-friendly dApps with ease. 

Previous Article

April 19, 2022

2C2P and Ant Group partner to further digital payments in Southeast Asia

Read More
Next Article

April 19, 2022

UniCredit extends partnership with Worldline for Open Banking

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

AVAX

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

FinTech Focus: Catch latest developments of the week

Read More

April 12, 2024

Parafin secures $125m warehouse facility from Silicon Valley Bank & Trinity Capital

Read More

April 12, 2024

TransferGo raises $10m in funding from Taiwania Capital Management

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023