Kraken has launched Kraken Ramp, a new service that enables developers to integrate cryptocurrency on- and off-ramps into their applications. The offering is accessible through a single API and is designed for apps, wallets, and protocols.

Kraken Ramp supports more than 24 payment methods, including ACH, SEPA, PIX, and Apple Pay, which allows for global coverage. The service is also designed to be regulatory-ready, which should help to streamline the compliance process for developers.

Kraken Ramp enables fast, compliant crypto onboarding for a wide range of industries. Fintechs and banks can offer crypto buying/selling without extra licensing, while wallets, protocols, exchanges, and marketplaces can expand assets and reduce user friction. GameFi and Web3 apps gain seamless in-game fiat-to-crypto purchases, and developers can launch globally with a single integration.

The launch of Kraken Ramp is a signal that the company is looking to expand its services beyond its core exchange business. By providing developers with the tools they need to build on top of its platform, Kraken is hoping to foster a more vibrant ecosystem and drive adoption of cryptocurrencies.

Read More: https://blog.kraken.com/product/ramp/introducing-the-gateway-for-the-digital-economy