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Ripio Partners with Polygon to Drive Blockchain Adoption in Latin America

Umair Younas by Umair Younas
February 28, 2023 - 10:43 am
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Ripio, the top digital assets marketplace in Argentina, has joined the Polygon network to speed the uptake of Web3 apps in the region. The Buenos Aires-located startup is adding its Ripio Market, Ripio Portal, and Ripio Wallets items to the Polygon network. It currently reaches more than 7 million residents in the region. In addition, Ripio will employ several scaling technologies provided by Polygon Labs for creating a B2B blockchain.

According to Hamzah Khan, director of DeFi of Polygon Labs, this agreement is a crucial milestone in the objective to increase the utilization of the Polygon channel across Latin America. Customers of Ripio will also have a more extensive variety of Web3 technologies. It will benefit from quicker and less expensive transactions thanks to the Polygon system’s integration.

Ripio and Polygon Collaborate to Expand Access to Decentralised Applications

Ripio, the blockchain wallet provider, has announced its partnership with Polygon to drive blockchain adoption in Latin America. As a part of this collaboration, Ripio has integrated with Polygon. It enables its users to connect with the Polygon network and access its decentralized applications.

Ripio Portal is a multi-blockchain wallet that facilitates buying, selling, receiving, transmitting, and trading tokens. Additionally, it allows users to store digital assets and participate in Web3 games. With this integration, Ripio’s subscribers can access a wide range of decentralized apps. It comprises popular projects like OpenSea, Uniswap V3, Magic Eden, and Aave by connecting to the Polygon network.

Ripio and Polygon Join Forces to Expand Blockchain Accessibility in Latin America

Polygon’s integration with Ripio is a significant step toward promoting blockchain adoption in Latin America. In Oct last year, Polygon announced its collaboration with Nubank, one of the largest digital banking platforms in Brazil, Columbia, and Mexico, with over 70 million clients. Nubank is using Polygon Supernets systems to create its crypto token, Nucoin.

Sebastián Serano, co-founder, and CEO of Ripio stated that their mission is to make the crypto world accessible to as many people and organizations as possible. They are dedicated to their customers and strive daily to simplify access to Web3, which they believe will eventually become the norm.

The partnership between Ripio and Polygon is expected to accelerate the adoption of blockchain technology in Latin America. By making it easier for users to connect with the Polygon network and access its decentralized applications, this collaboration has the potential to bring the benefits of blockchain technology to a wider audience.

Tags: BlockchainCryptocurrencyMATICPolygonWeb3
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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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