Ethereum’s First Wallet MyEtherWallet Integrates with Uphold’s Topper, Enhancing ETH Blockchain Engagement By Chainwire

San Francisco, California, September 24th, 2024

Today, Uphold, a global web3 financial platform, announced a partnership with MyEtherWallet (MEW), a well-known name in the Ethereum (ETH) community with over three million active monthly users. This collaboration will enhance engagement within the ETH blockchain and provide MEW users with a smoother way to transact the wide array of assets available.

As a leading fiat-to-crypto on-ramp, Topper, developed by Uphold, has integrated with MEW, which is recognized as the original self-custody Ethereum wallet. Established in 2015, MEW has become a trusted entry point for millions seeking to interact with the ETH ecosystem, providing an open-source platform that ensures users maintain complete control over their keys and assets.

The integration allows users to quickly and safely purchase ETH and ERC-20 tokens, effectively bridging the gap between traditional financial systems and the cryptocurrency landscape. This partnership will also optimize transaction approvals, improve payment success rates, and stimulate revenue growth for MEW’s extensive user base. These enhancements are expected to simplify the purchasing process for cryptocurrencies, positioning Topper as a dependable fiat on-ramp in the blockchain sector.

“This collaboration with MyEtherWallet highlights our dedication to revolutionizing financial services,” stated Robin O’Connell, CEO of Enterprise at Uphold. “By teaming up with a respected name in the Ethereum ecosystem, Topper aims to make financial transactions more accessible and focused on the user experience. This partnership demonstrates Topper’s ongoing commitment to fostering innovation and enhancing the overall financial experience for our users."

The alliance with MEW aligns with Topper’s mission to simplify access to cryptocurrencies via its straightforward Web3 payment solution, which features higher approval rates and support for a broader range of digital assets. Backed by Uphold’s substantial experience in managing over $4 billion in transactions since its inception, Topper operates across 184 countries and supports over 200 currencies and commodities.

Kosala Hemachandra, CEO and Founder of MyEtherWallet, emphasized the importance of this partnership, stating, “Throughout the years, MyEtherWallet has prioritized making the self-custody of crypto easier. Integrating reliable, secure, and transparent on-ramps directly into the wallet is vital, and with Topper, we are adding one of the best. As a fellow pioneer in the web3 space, I trust Uphold to deliver an excellent onboarding service for our users."

About MyEtherWallet: MEW serves as a critical hub for transactions in the Ethereum ecosystem and offers users secure and comprehensive integration options. It is a free, open-source platform dedicated to straightforward cryptocurrency interactions, ensuring users have complete control over their keys and assets without retaining any personal information. MEW continues to focus on providing educational and accessible solutions for users engaging with the blockchain on their terms.

About Topper: As a fiat on-ramp with higher approval rates, Topper is an easy-to-implement web3 payment tool that allows crypto projects to process a greater volume of customer payments, supporting more digital assets than its competitors. The payment widget is designed to streamline transaction processes, accept numerous currencies, and deliver elevated approval rates, minimizing declines and maximizing revenue. Developed by Uphold, Topper is recognized as a trusted, regulated payment system.

About Uphold: Uphold ranks highly on the San Francisco Business Times Fast 100 List and is committed to making web3 accessible. Operating in over 140 countries for more than 10 million customers, Uphold provides easy access to digital assets and services, allowing seamless transactions between various digital currencies and national currencies. Uphold uniquely routes orders through 30 trading venues to ensure optimal execution and liquidity without lending out customer assets, maintaining a 100% reserved policy. The company is transparent about its assets and liabilities and is regulated in multiple jurisdictions.

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This article was originally published on Chainwire.