VanEck Venture Executive: The Rise of Stablecoins Makes Crypto On-Ramp and Off-Ramp Companies More Attractive M&A Targets
According to a report by Jinse Finance, Juan Lopez, Managing Partner at VanEck Ventures, stated that this year, with the rapid growth of stablecoins, companies that bridge digital assets and traditional payment systems are becoming increasingly attractive. In a recent interview, he mentioned that as companies continue to explore new use cases for dollar-pegged tokens, those that help clients exchange between cash and cryptocurrencies are becoming some of the hottest acquisition targets. Lopez noted that while these on-and-off ramp companies were previously seen mainly as a way for customers to easily purchase cryptocurrencies, they are now increasingly viewed as key touchpoints for facilitating everyday transactions through stablecoins. “On-and-off ramp companies were originally established to connect traditional payment systems with exchanges and blockchain-adjacent systems,” he said. “Now, they can evolve from simple on-and-off ramp providers into mature payment service providers built on this new infrastructure, which is much more ‘exciting’.”
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