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1 min. read

Inside Ramp’s 24/7 Crypto Treasury with Fireblocks

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Benefits at a glance

Security

Enhance asset protection with enterprise-grade security, including multi-signature and encryption technology, ensuring digital assets are safe from threats

Scalability

Seamlessly manage thousands of transactions per month across wallets, exchanges, and banks

Automation

Streamline treasury operations and reduce manual interventions through Fireblocks Automation, saving time and minimizing human error

About Ramp Network

Ramp Network eliminates the barriers to entry for individuals looking to engage with digital assets. The founders recognized that the process of buying crypto was overly complex, intimidating, and inaccessible to non-crypto-native users, so to change this, they envisioned creating an experience that was as simple and intuitive as e-commerce, enabling anyone to purchase crypto without the need for technical expertise. Ramp Network’s goal is to reduce these barriers, allowing more people to explore and benefit from the opportunities of Web3 and the decentralized economy.

Ramp Network serves users in over 150 countries, supporting more than 40 fiat currencies. It aims to make crypto accessible globally through local payment methods like Pix in Brazil, SPEI in Mexico, SEPA Instant in Europe, and services across all 50 US states.

The Challenge

As Ramp Network scaled its operations, the team faced increasing complexity in managing the growing volume of transactions and treasury operations. Initially, these tasks were handled manually, but this approach led to inefficiencies and a greater risk of error.

Ramp Network’s treasury operations team was managing thousands of operations per month, redistributing assets across wallets, exchanges, and banks. With manual processes in place, maintaining efficiency and meeting the fast-paced demands of users became increasingly difficult. Additionally, as the digital asset ecosystem grew more complex, Ramp Network recognized the need for an advanced infrastructure to support their growth, particularly one that could offer secure, reliable, and scalable solutions for managing assets and transactions.

Ramp Network sought a digital asset infrastructure platform that could provide:

  • Enterprise-level security to protect digital assets.
  • Seamless connectivity with exchanges, banks, and Web3 platforms.
  • Comprehensive user management capabilities to accommodate the company’s diverse operational needs.

The Solution

Ramp Network turned to Fireblocks to address these challenges and provide the robust infrastructure they needed. Fireblocks offered a secure, scalable solution that aligned perfectly with Ramp’s operational requirements.

Ramp Network utilizes Fireblocks to streamline their treasury operations, including monitoring, analyzing, and redistributing crypto assets. By integrating Fireblocks, Ramp Network replaced its inefficient manual processes with a secure, cohesive platform that improved efficiency and reduced risks. One key feature that Ramp Network particularly values is Fireblocks’ enterprise-level wallet management, which allows for better role division and ensures sensitive operations are handled securely with proper oversight.

Since the launch of Fireblocks Automation, Ramp Network has further optimized their operations using Fireblocks. With Automation, Ramp Network implemented advanced logic to trigger specific actions based on events occurring in their wallets, exchanges, or banks. This automation drastically reduced the number of manual operations required, cutting down on human error and saving valuable time. It also improved liquidity management, giving Ramp Network the flexibility to focus on strategic initiatives rather than repetitive tasks.

With Fireblocks in place, Ramp Network has been able to scale its operations efficiently, enhancing security, operational speed, and accuracy. This shift to a more automated, secure platform has not only streamlined their processes but has also contributed to Ramp Network’s continued growth and success in providing an accessible on-ramp to crypto for users worldwide.

About us

Fireblocks is the world’s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry’s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, and trading operations across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Over 2,200 organizations – including Worldpay, BNY Mellon, Galaxy, and Revolut – trust Fireblocks to secure more than $10 trillion in digital asset transactions across 100+ blockchains. Learn more at fireblocks.com.

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Fireblocks is the world’s most trusted digital asset and stablecoin infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain.

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