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GameStop Now Offers Fiat to Ethereum On-Ramping with Ramp Integration.

$GameStop(GME.US)$ The Ramp integration “allows GameStop Wallet users to purchase Ethereum quickly and without needing to leave the Company’s self-custodial Ethereum wallets.”Ramp enables enterprises “to deploy fiat to crypto payments capabilities, significantly reducing onboarding times for end users, while remaining compliant.”

On May 23 2022, GameStop launched its digital asset wallet “to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens (“NFTs”) across decentralized apps without having to leave their web browsers.”

The GameStop Wallet is “a self-custodial Ethereum wallet utilizing Loopring’s ZK-rollup technology.” By integrating Ramp, GameStop Wallet users “can quickly purchase Ethereum using fiat.”

As covered, Ramp, the payments company making crypto accessible to everyone, has reportedly added Apple Pay as a payment option for its US clients in 36 states.

As mentioned in the update shared with CI, the mobile payment option, “already available to consumers on Ramp in the UK and countries within the European Union and now, is gaining traction partners stand to benefit from wider coverage.”

The new money includes $200 million in equity capital and $500 million in debt financing. Ramp has now raised over $1 billion in financing since its founding in March 2019.
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