# Ramp expands presence in US with FinCEN regulation
“# Ramp expands presence in US with FinCEN regulation ”
Ramp allows users to buy crypto directly in their wallets and decentralized applications, or dApps. Last year, the company grew its transaction volume by approximately 30x. It has partnerships with over 400 blockchain entities worldwide, including Axie Infinity, Mozilla, Opera Browser, Aave, Trust Wallet, and is the exclusive on-ramping partner for fantasy nonfungible tokens football (soccer) game Sorare.
The year prior, Ramp raised $52.7 million in a Series A funding round led by Balderton Capital, NFX, Galaxy Digital, Seedcamp, Firstminute Capital, and angel investors. The firm claims that it takes mere hours for developers to integrate their dApps with Ramp software, allowing users to convert their fiat money into crypto and begin their virtual experience.
Szymon Sypniewicz, CEO and co-founder at Ramp Group, issued the following statement regarding the development:
Our view has always been that, to lead in this market, on-ramp providers must earn the trust of their partners and users. So we have taken every measure to meet, if not exceed, the relevant legal and financial standards that apply to us, no matter how stringent.
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