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Crypto adoption is growing around the world and is expected to continue rising as institutional investors jump on the bandwagon. In fact, American investor and Ark Invest CEO Cathie Wood said Bitcoin price could rise to $550,000 as institutional investors begin to allocate more investments to the crypto space. Wood said that institutions are always looking for investments that are uncorrelated to traditional asset classes and crypto fits that bill. Rising interest in the space would not only push Bitcoin price to new highs, but it stands to benefit companies like Mobilum Technologies Inc.
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Mobilum Technologies Inc. (CSE:MBLM) (OTC:MBLMF), a technology-driven company making traditional finance accessible through digital payment infrastructure and digital asset management technologies, has continued to grow its presence in the market to give consumers around the world access to the market through its on-ramp and off-ramp solutions.
On December 13, Mobilum announced that it has signed an agreement to integrate off-ramp services into the Ledger Live Platform, gateway for digital assets & web3. Under the terms of the agreement, Mobilum will directly integrate its gift card output widget in the Ledger app.
“We are thrilled to integrate our off-ramp solution into Ledger, one of the largest hardware wallet ecosystems in the world. By offering our gift card solution, Ledger’s users will have more options to convert their crypto back into fiat,” said Mobilum CEO Wojciech Kaszycki.
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Through this partnership with Phaze and Mobilum, Ledger Live customers will be able to to get the most out of their crypto. Thanks to Phaze, all Ledger customers will be able to issue digital gift cards, digital payment cards or prepaid digital mobile top-ups with over 2,000 brands and 500 mobile operators.
Earlier in December, Mobilum successfully integrated and launched its fiat-to-crypto on-ramp widget on the BTSE exchange, a leading digital assets platform for multi-currency spot and futures trading, and JoomAce, a company primarily specialized in Search Engine Optimization (SEO) and Web Development areas of IT.
Mobilum continues to focus its efforts on operating its digital payment infrastructure with large partnerships and expects its Transaction Volume Pipeline (TTV) to increase in the next quarter. On December 1, 2021, Mobilum signed an agreement with Wyre, the leading payments and crypto infrastructure company, to help accelerate the company’s expansion in the United States. By integrating Wyre’s API, Mobilum will gain access to Wyre’s ACH payment rails and will have the ability to process automated clearing house (ACH) transactions for US clients on its on- and off-ramping platform, giving the company access to the US market
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