Odaily Planet Daily News Encrypted payment startup Ramp Network opened a local entity in Brazil to expand its business to Latin America. It is reported that the company provides payment infrastructure that connects cryptocurrencies and traditional finance.
The company will provide clients with software development kits (SDKs) in Brazil, including Web2 Enterprise, Crypto Wallet and Web3 Gaming, enabling their users to purchase cryptocurrencies through an end-to-end, non-custodial on-ramp, and Provides cryptocurrency to fiat currency off-ramp.
According to Chainalysis, Brazil ranks seventh on the list of countries with the highest cryptocurrency adoption, while Latin America as a region accounted for 9.1% of the global cryptocurrency market capitalization last year. (CoinDesk)