[PRESS RELEASE – San Francisco, California, September 24th, 2024]
Uphold’s fiat-to-crypto on-ramp Topper has teamed up with MEW (MyEtherWallet), a well-known name in the Ethereum (ETH) community, boasting over three million active users each month.
Topper, the fiat-to-crypto on-ramp developed by the global web3 financial platform Uphold, announced today a partnership with the esteemed MyEtherWallet (MEW), the original Ethereum (ETH) wallet, aimed at enhancing ETH blockchain engagement and providing MEW users with an effortless way to transact across a diverse array of assets.
This collaboration signifies a pivotal advancement for Topper, integrating with MEW, the highly regarded self-custody ETH wallet. Established in 2015, MEW offers a reliable gateway for millions to participate in the ETH ecosystem, featuring a stable, open-source platform that guarantees users retain complete control over their keys and assets.
By partnering with platforms like MEW, Topper facilitates rapid and secure purchases of ETH and ERC-20 tokens, bridging the divide between traditional finance and the cryptocurrency realm. Furthermore, Topper will improve crypto accessibility for MEW’s large user base by streamlining transaction approval processes, increasing payment success rates, and boosting revenue growth. This increase in transaction success will simplify the process for users to buy cryptocurrencies, further establishing Topper as a trusted fiat on-ramp in the blockchain landscape.
“This partnership with MyEtherWallet highlights the transformative shift in financial services,” stated Robin O’Connell, CEO of Enterprise at Uphold. “By collaborating with a reputable name in the Ethereum sector, Topper is enhancing its mission to make financial transactions more accessible and user-friendly. This alliance is a reflection of Topper’s dedication to fostering innovation and enhancing the overall financial experience for users.”
The collaboration with MEW aligns perfectly with Topper’s vision to streamline and widen access to cryptocurrencies through its user-friendly Web3 payment solution, delivering higher approval rates and a broader selection of digital assets. As a component of Uphold, which operates in over 184 countries and supports 200+ currencies and commodities, Topper benefits from Uphold’s extensive track record in facilitating over $4 billion in transactions since its inception.
“Throughout the years, MyEtherWallet has consistently aimed to ease the self-custody of crypto,” articulated Kosala Hemachandra, CEO and Founder of MyEtherWallet. “Providing a reliable, secure, and transparent range of on-ramps directly in the wallet is essential, and with Topper, we are enhancing our offerings significantly. As a fellow pioneer in the web3 domain, I am confident in Uphold’s ability to deliver exceptional onboarding services for our users.”
To learn how users can utilize Topper as their seamless on-ramp via MEW, they can create a new wallet today at myetherwallet.com/ or through the mobile app MEW Mobile, available on IOS and Android.
About MyEtherWallet
MyEtherWallet (MEW) serves as a central platform for transacting within the Ethereum ecosystem and beyond—offering unmatched access, a secure wallet, multifaceted integration options, and comprehensive education that empowers anyone to swiftly capitalize on the benefits of crypto finance. MEW simplifies crypto interactions—it’s free, open-source, and secure. Founded in 2015, it remains the original Ethereum interface, allowing users to maintain full control of their keys and assets during every interaction, without saving or storing any personal data. Today, MEW is dedicated to providing a suite of products that grant users the ability to engage with the blockchain on their own terms, encompassing everything from Ethereum and layer 2s to Bitcoin and beyond.
About Topper
Topper, designed as a straightforward fiat on-ramp with elevated approval rates, is a quick-to-implement web3 payment tool that empowers crypto projects to process a greater volume of their customers’ transactions—supporting twice as many digital assets as its competitors. The Topper payment widget is engineered to ease the payment process, accept more currencies, and achieve higher approval rates, ultimately reducing declines and maximizing revenue. Developed by Uphold, the web3 financial platform, Topper is recognized as a dependable, regulated, and trusted payment system.
About Uphold
Ranked #1 in the San Francisco Business Times Fast 100 List, Uphold is dedicated to making web3 accessible. Serving over 10 million clients in more than 140 countries, Uphold provides businesses and consumers with straightforward access to digital assets and services. Its unique “Anything to Anything” interface offers end users seamless access to a variety of digital assets and national currencies, as well as precious metals. Uphold smartly routes orders across 30 trading venues, ensuring optimal execution and superior liquidity for customers. Uphold never lends out customer assets and maintains a 100% reserve. The company has pioneered radical transparency and publishes its assets and liabilities every 30 seconds on a public website (https://uphold.com/en-us/transparency).
Uphold is regulated in the U.S. by FinCen and various state regulators, is registered in the UK and Canada with the FCA and FINTRAC respectively, and in Europe with the Financial Crime Investigation Service under Lithuania’s Ministry of the Interior. To discover more about Uphold’s products and services, visit uphold.com.
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