Fun CEO sees crypto bridges disappearing

• Fun CEO Alex Fine expects standalone crypto on-ramps and bridges to disappear as payments move inside applications.
• Fun said it processes more than US$3 billion in monthly transactions and handles all Polymarket deposits and withdrawals.
• Fine said unified funding systems could replace separate tools for cards, banks, crypto assets and blockchain bridges.

Fun CEO Alex Fine said standalone crypto on-ramps and bridges could disappear as applications make blockchain payments easier for users.

Fun said it processes more than US$3 billion monthly and handles all deposits and withdrawals for Polymarket.

“The age of on-ramps will be completely dead and the age of external bridging sites will be dead,” said Fun CEO Alex Fine.

Fun provides technology that lets apps combine deposits, withdrawals, settlement and checkout without sending users to separate services.

Fine said users care about completing actions inside apps rather than converting money into crypto or moving assets between blockchains.

Fun said it also handles deposits into Aave's (CRYPTO:AAVE) largest vaults and has raised more than US$75 million.

Fine estimated prediction markets have reached about 10% of their potential, with more liquidity potentially supporting additional contracts.

At the time of reporting, Aave price was $91.62.