"Onramp, a Bitcoin-only financial services company, recently launched an institutional-grade asset management offering, built on top of their multisignature, multi-institutional, multi-jurisdictional custody platform. Onramp is by all intents and purposes a 21st-century, full-reserve Bitcoin bank, leveraging Bitcoin's unique and paradigm-shifting technology, in partnership with institutional custodians like BitGo, CoinCover, and Tetra Trust. Founded in Texas in 2022 by Michael Tanguna, a former Google and Unchained Capital executive, Onramp looks to democratize institutional-grade custody, offering the full range of financial services to Bitcoiners of all sizes;"
"Onramp offers IRAs, trusts, bitcoin-backed loans, inheritance planning, tax/advantaged accounts, and more. Onramp operates globally (except for nations sanctioned by the U.S. like Venezuela and Iran), offering its services not just to institutions but to Bitcoin OGs and Bitcoiners with more than 10% of their portfolios in the emerging asset. Today, Onramp is a "profitable business that has billions of dollars in assets under custody," with a lean team of over 25 people, according to Tanguna, who spoke with Bitcoin Magazine."
Onramp is a Bitcoin-only financial services company founded in Texas in 2022 by Michael Tanguna. The company operates a multisignature, multi-institutional, multi-jurisdictional custody platform and partners with institutional custodians such as BitGo, CoinCover, and Tetra Trust. Onramp provides institutional-grade asset management and a range of services including IRAs, trusts, bitcoin-backed loans, inheritance planning, and tax/advantaged accounts for institutions and individual Bitcoin holders. The platform leverages Bitcoin-native multisignature scripts to increase security and enable use cases like Lightning and enhanced wealth protection. Onramp operates globally except for U.S.-sanctioned nations, reports profitability, and holds billions in assets under custody with a lean team.
#bitcoin-custody #multisignature-multisig #institutional-asset-management #bitcoin-financial-services
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