
COCA has teamed up with crypto firm Ramp Network, enabling Americans to buy and store cryptocurrency using Multi-Party Computation (MPC) technology.
This move marks its foray into the US market.
This collaboration integrates Ramp Network’s fiat-to-crypto on-ramp directly into the COCA Wallet, allowing users to buy digital assets with payment methods like Visa, Mastercard, Apple Pay, and bank transfers.
The aim is to overcome hurdles in cryptocurrency adoption by offering a non-custodial and secure environment for the transaction of digital assets.
COCA’s MPC technology is a shared-based wallet system, accompanied by a non-custodial debit card, launched in January last year.
The integration of Ramp’s on-ramp solution enables COCA to purchases of Bitcoin, Ethereum, and other cryptocurrencies within the COCA Wallet.
The collaboration also facilitates user engagement with DeFi, NFTs, and other blockchain-based applications, offering Web3 Access.
COCA CEO Vasili Paulau said: “Through this partnership with Ramp, we are enabling millions of Americans to enter Web3 with confidence, utilizing cutting-edge MPC security while enjoying the ease of a traditional payment system.”
Ramp Network CEO Szymon Sypniewicz stated: “Our integration with COCA Wallet is a step forward in that mission, bringing seamless, secure, and user-friendly crypto onboarding to the broader Web3 ecosystem, including Bitcoin, Ethereum, TON, and beyond. COCA’s MPC security and non-custodial approach perfectly align with our vision for self-sovereign finance. We’re excited to empower more users with effortless access to crypto, setting a new benchmark for Web3 usability.”
Launched in December 2024, the COCA Token serves as the core of the COCA ecosystem, supporting transaction fee reductions, in-app rewards, and future DeFi integrations.
The COCA Wallet is now accessible on Android, iOS, and Telegram for US users, who can GET a launch bonus of 3% cashback in COCA tokens when they purchase cryptocurrency through the wallet, as a limited-time offer.