HomeNewsRamp Launches Multichain Wallet to Make Self-Custody Easier for Mainstream Users

Ramp Launches Multichain Wallet to Make Self-Custody Easier for Mainstream Users

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  • Ramp has launched a new multichain wallet that combines buying, selling, swapping and cashing out crypto in a single app.
  • The wallet starts with ETH support across eight networks and will expand to Bitcoin, Solana, BNB Chain, Avalanche and others.

Ramp is moving beyond its familiar role as crypto’s back-end payments layer and stepping directly into the wallet market.

The infrastructure company said it has launched a multichain self-custody wallet designed to let users buy, sell, swap and cash out digital assets inside one application, rather than relying on a patchwork of third-party tools.

It is a fairly obvious direction, really. If self-custody is still too fragmented for normal users, then the next product battle is about stitching the pieces together without taking control of the assets.

Ramp tries to simplify one of crypto’s oldest user problems

At launch, the wallet supports Ether across eight networks: Ethereum, Arbitrum, Base, Linea, MegaETH, Optimism, Polygon zkEVM and zkSync Era. Ramp said support for additional networks is also planned, including Bitcoin, Solana, Binance Smart Chain, Polygon, Apechain, Avalanche, Celo and Gnosis.

That matters because self-custody remains one of crypto’s most persistent product headaches. Users are often told to control their own assets, but in practice that usually means managing multiple apps, bridges, on-ramps and cash-out services. Ramp is betting that bringing those actions together into one place can make non-custodial wallets feel less broken.

The company said the wallet uses USDC on Base as a core balance for transfers, payments and in-app activity. Assets themselves remain secured through a self-custodial setup, with passkeys and optional key export.

The company is shifting from infrastructure partner to front-end brand

That is a notable change for Ramp. Until now, it has largely operated behind the scenes as the infrastructure layer powering crypto purchases inside partner apps such as MetaMask and Trust Wallet, serving more than 10 million users globally.

The wallet will be available globally, though not in the European Union, where Ramp said regulatory requirements prevent launch for now. That caveat aside, the strategy is clear enough. Ramp is no longer content to be the plumbing behind crypto access. It wants to become part of the interface people actually use.

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Collin Brown
Collin Brown
Collin Brown is the managing partner of ETHNews. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Collin endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Collin's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Collin continues to be a driving force in the cryptocurrency community.
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