Mercuryo reports rapid fire ‘Buy Bitcoin’ on-ramp growth amid crypto rally

GLOBAL payments infrastructure provider Mercuryo has reported rapid growth in global digital token payments and services as a dramatic rise in the price of Bitcoin adds momentum to the fast evolution of the underlying architecture of cryptocurrency.

As Bitcoin surges in value, a slew of payment infrastructure projects continue to evolve in a bid to meet the needs of investors comfortable switching between crypto and fiat services.

With newcomers pouring into the space, the ‘buy Bitcoin’ and ‘buy crypto’ features have become essential tools among leading participants such as centralised exchanges, non-custodial wallet providers and decentralised exchanges (DEXs).

“The launch of the Bitcoin ETF and subsequent rally in the cryptocurrency market reawakened interest in crypto among the masses and captured the imagination,” said Petr Kozyakov (main image), CEO and co-founder of Mercuryo.

“Our position as a company at the very intersection of digital token services and payments enables us to see emerging trends in the use of crypto as the space evolves beneath the surface headlines.”

Global adoption of cryptocurrency as a means of payment is on the rise as more nations embrace crypto and the digital financial revolution. Notably, in 2023, Mercuryo integrated with the Brazilian instant payment platform PIX as the provision of cryptocurrency services helps enhance levels of financial inclusion in Latin America.

“Developing markets, as often, play a crucial role in driving crypto trends, with the US and UK markets attempting to keep pace,” added Kozyakov.

“So, we’re up for some exciting industry developments, and Mercuryo will be at the forefront.”