In a groundbreaking move, Ramp Network (RAMP) has established a fiat-focused connection to The Open Network (TON), making Web3 accessible to over 800 million Telegram users. This strategic partnership bridges the gap between Web2 and Web3, offering cryptocurrencies like Toncoin (TON) to a new generation of investors.
Ramp Network, a fintech company that bridges the gap between the crypto economy and the fiat financial system, has announced an integration with The Open Network (TON) Blockchain platform. This integration allows Telegram users to purchase Toncoin (TON) seamlessly within the app, eliminating the need to share banking details with third-party applications.
Ramp CEO Szymon Sypniewicz emphasizes the significance of this collaboration in opening up Web3 to millions of Telegram users. Ramp and TON aim to build a decentralized future for everyone by enabling global users to purchase TON with their local currencies and preferred payment methods.
Customers of Ramp Network will not only have access to TON but will also be able to purchase digital assets such as NFTs and Web3 gaming accessories. This expands the opportunities within the TON ecosystem and allows for a more inclusive environment for users to engage with digital currencies and assets.
TON Foundation’s Global Business Development Leader, Daniel Yang, expresses excitement about the opportunities this partnership offers for both crypto newcomers and professionals. Ramp’s solution plays a crucial role in facilitating the participation of over 800 million active Telegram users in TON, supporting various payment methods including credit and bank cards, bank transfers, Apple Pay, Google Pay, and the recently added PIX.