Metavault deploys Mercuryo’s on-ramp solution to power DeFi services

GLOBAL payments infrastructure provider Mercuryo has partnered with Metavault - a cross-chain decentralised finance (DeFi) hub - to provide on-ramp services, enabling the platform’s users to convert fiat currency into digital tokens.

The partnership will also enable Metavault users to purchase cryptocurrencies for various DeFi strategies.

Metavault, which has surpassed 80,000 users since its launch in 2022, is a decentralised application (dApp) that provides a toolbox of DeFi services, including spot trading, perpetuals, bridging, liquidity provision, prediction markets and a decentralised sportsbook along with a decentralised autonomous organisation (DAO).

“Metavault has achieved notable success in attracting new entrants into DeFi, offering a whole plethora of services to its users,” said Aviessa Khoo, Executive Director (Singapore) at Mercuryo.

“We anticipate great interest in our on-ramp service among users on the platform, enabling them to pursue myriad DeFi strategies.”

Metavault's head of business development, Anna Wozniak, said the team were thrilled to be integrating their on and off-ramp services.

“This collaboration not only enhances accessibility for our users but also underscores our commitment to providing seamless and secure transactions within the crypto space,” she added.