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Metamask plans to take giant leap to ease cryptocurrency trading for Americans

On October 13, Metamask, the top leading cryptocurrency wallet firm, announced plans to make a few changes in order to expand the business. Additionally, the company also announced to take significant steps to make it easier for Americans to purchase cryptocurrency.

This tweet was sent after an announcement was made by a financial platform called Sardine, which confirmed that it has entered into a collaboration with ConsenSys. Because of this agreement, United States Metamask wallet users will soon be able to purchase cryptocurrencies using their bank accounts directly from the wallet’s user interface.

Metamask has lately struck into a number of partnerships, the most recent of which being with Sardine, which provides rapid ACH settlements. Before this, Metamask also announced a relationship with Asset Reality, which would assist its users in the recovery of stolen coins at no further cost to the user. As for Sardine, the alliance will represent another significant accomplishment on its path to success.

The team behind the firm just finished a Series B investment round, which was a huge success. They were successful in raising around $51.5 million. A crypto-friendly venture capital firm known as a16z served as the round’s lead investor. Despite this, a large number of other prominent companies, such as Google Ventures and even Visa itself, took part in the event. The blockchain technology company ConsenSys, which is responsible for the Metamask wallet, was also a participant in the investment round.

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Reporter
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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