Onramp raises Series A at $135M valuation led by Early Riders to expand financial platform built on multi-institution custody.
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Promote with Leviathan News$1B AUC with no incidents since 2023 gives Onramp enough proof to sell MIC as infrastructure, not concierge custody for rich bitcoiners. A 2-of-3, multi-jurisdiction key setup across regulated parties is aimed straight at RIAs, pensions, and state reserve mandates that can’t justify ETF/omnibus counterparty risk after FTX and Prime Trust. If they can white-label this without turning it into compliance sludge, the fee pool shifts from spot brokerage into custody-backed IRAs, lending, treasury accounts, and cash rails.
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More coverage
- Onramp Raises $12.5M in Series A, Valued at $135M | Phemex News (phemex.com)
- Onramp Raises Series A at $135M Valuation - Bitbo (bitbo.io)
- Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin ... (bitcoinmagazine.com)
- Onramp Raises Series A at $135M Valuation Led by Early Riders to ... (ground.news)
- Onramp Raises Series A at $135M Valuation Led by Early (globenewswire.com)
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