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ONRAMP SECURES $12.5M, VALUATION JUMPS TO $135M – $BTC IMPACT 📈
Onramp closed a $12.5 million Series A round, lifting its valuation to $135 million. The platform targets large Bitcoin holders, enabling them to spread assets across multiple custodians while retaining private‑key control. Institutional investors may view the financing as validation of diversified custody models, potentially prompting broader adoption of multi‑custodian strategies.
Onramp’s fresh capital is likely to fund product enhancements, regulatory compliance work, and partnerships with established custodians, which could tighten liquidity pipelines for sizable BTC holders. The move underscores growing demand for self‑custody solutions that mitigate single‑point‑of‑failure risks.
Not financial advice. Manage your risk.
#Bitcoin #Custody #CryptoFinance #Onramp #SeriesA 🚀
Onramp closed a $12.5 million Series A round, lifting its valuation to $135 million. The platform targets large Bitcoin holders, enabling them to spread assets across multiple custodians while retaining private‑key control. Institutional investors may view the financing as validation of diversified custody models, potentially prompting broader adoption of multi‑custodian strategies.
Onramp’s fresh capital is likely to fund product enhancements, regulatory compliance work, and partnerships with established custodians, which could tighten liquidity pipelines for sizable BTC holders. The move underscores growing demand for self‑custody solutions that mitigate single‑point‑of‑failure risks.
Not financial advice. Manage your risk.
#Bitcoin #Custody #CryptoFinance #Onramp #SeriesA 🚀
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