About Onramp Invest
Onramp Invest delivers a cryptocurrency asset management solution built by advisors for advisors. It offers cryptocurrency wealth management, providing financial advisors with access to digital assets and integrated customer relationship management tools. The company was founded in 2018 and is based in San Diego, California. In August 2023, Onramp Invest was acquired by Securitize. The terms of the transaction were not disclosed.
ESPs containing Onramp Invest
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The crypto asset management market refers to the management of cryptocurrency assets on behalf of investors, including individuals, institutions, and corporations, with the goal of maximizing returns and minimizing risk. This market is driven by factors such as the increasing adoption of cryptocurrencies by mainstream investors and the growing demand for professional asset management services in t…
Onramp Invest's Products & Differentiators
Onramp is a turn-key digital asset management platform that seamlessly connects traditional and digital asset financial infrastructure, allowing financial professionals to: onboard clients to the digital asset investing ecosystem in minutes, view held-away accounts or directly invest in cryptocurrencies, and access an expanding library of models, indices and portfolio management services. Onramp enables these firms and institutions to bring more assets under management, and bill on those assets. Financial institutions can create multi-asset model strategies on their own, or subscribe clients to strategies created by trusted industry names. Onramp integrates with the advisor tech stack so advisors can see data and take action from their current workflows. Onramp supports digital asset investing in IRAs + other qualified accounts.
Research containing Onramp Invest
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Onramp Invest in 2 CB Insights research briefs, most recently on Mar 27, 2023.
Expert Collections containing Onramp Invest
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Onramp Invest is included in 2 Expert Collections, including Blockchain.
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Onramp Invest News
Jan 26, 2024
3 Min Read Diogo Moìnica (left) and Nathan McCauley (right) are co-founders of Anchorage Digital. "At the end of the day, Anchorage Digital was designed to unlock greater institutional participation in the digital asset class — and our partnership with Onramp Invest is helping to do just that, by expanding access to advance the growth of the ecosystem," McCauley said. Anchorage Digital Bank, a San Francisco technology company that provides custody of digital assets, is partnering with the San Diego-based wealth management firm Onramp Invest to help registered investment advisors buy and sell cryptocurrency on behalf of their clients. Public perception of cryptocurrencies has been quite volatile in the last few years, between the . The crypto bank formally debuted its block trading product on Wednesday, allowing advisors to purchase and sell large amounts — or blocks — of digital assets in a single institutional transaction across their entire book of clients. This service, which is the latest addition to Anchorage Digital's custody and trading offering for RIAs that went live in November of last year, is intended to maximize efficiency, minimize cost and offer equitable execution for clients. Using Anchorage Digital tools that have been integrated through API connections to Onramp Invest's wealth management platform, RIAs can help their clients invest in digital assets held by Anchorage Digital, which is a qualified custodian. Trading is done through the bank's affiliate company, Anchorage Hold. "At the end of the day, Anchorage Digital was designed to unlock greater institutional participation in the digital asset class — and our partnership with Onramp Invest is helping to do just that, by expanding access to advance the growth of the ecosystem," said Nathan McCauley, co-founder and chief executive of Anchorage Digital. The case for more crypto-friendly banks Block trading, in addition to allowing a higher quantity of assets to be bought and sold, also allows for a greater level of privacy, as transactions are usually conducted between parties rather than through an exchange. This is known as "over-the-counter" trading. McCauley said uncertainty surrounding the for investment advisors to cryptocurrencies makes it important to "safekeep client crypto with a qualified custodian. "The trend of regulatory unlocks, from our industry-first federal bank charter to the SEC's recent approval of spot bitcoin ETFs, is showing crypto is here to stay and safer ways to access crypto continue to drive demand from institutions and consumers alike," McCauley said. Despite the slow shift of regulatory temperatures toward digital assets, f about cryptocurrencies over the last few years, as consumer interest continues to rise. In the credit union space, BankSocial hopes to follow in the footsteps of Anchorage Digital's success in getting regulatory approval. The Dallas-based distributed ledger technology firm has for a federal credit union charter so it can provide crypto services to members of Block Advocates, a nonprofit organization founded by Wingate to help promote the adoption of distributed ledger technology as well as the Texas Blockchain Council. But experts say that banks and other institutions remain hesitant to engage with digital assets at any level, even exchange-traded funds tied to the value of bitcoin, citing heightened regulatory scrutiny of such partnerships and other factors. In a , Joseph Silvia, former counsel at the Federal Reserve Bank of Chicago and a financial institutions attorney at Dickinson Wright, explained that banks may not be able to afford expensive crypto projects in the wake of the banking crisis early last year. "I may be too skeptical here, but [spot bitcoin ETFs] are not the economic or banking environment where any extra cash banks have would be put toward these vehicles," Silvia said. "Couple that with the funding and liquidity challenges banks are grappling with in the wake of the March 2023 failures and slower economy, and I really don't see much interest." Both investment advisors and bank executives alike will proceed with caution as regulatory temperatures toward cryptocurrencies and other digital assets continue to evolve. "Just because the emerging market is new doesn't mean it has to be complicated, and it's important that RIAs" have access to the traditional financial tools they're used to, but geared toward a new area, said Eric Ervin, CEO of Onramp Invest. By Hannah Levitt
Onramp Invest Frequently Asked Questions (FAQ)
When was Onramp Invest founded?
Onramp Invest was founded in 2018.
Where is Onramp Invest's headquarters?
Onramp Invest's headquarters is located at Broadway Ave., San Diego.
What is Onramp Invest's latest funding round?
Onramp Invest's latest funding round is Acquired.
How much did Onramp Invest raise?
Onramp Invest raised a total of $13M.
Who are the investors of Onramp Invest?
Investors of Onramp Invest include Securitize, 01 Ventures, JAM FINTOP, EJF Capital, Galaxy and 11 more.
Who are Onramp Invest's competitors?
Competitors of Onramp Invest include BitGo and 3 more.
What products does Onramp Invest offer?
Onramp Invest's products include Onramp Invest and 2 more.
Who are Onramp Invest's customers?
Customers of Onramp Invest include Ritholtz Wealth Management, Opulus Wealth, WisdomTree and GlobalX.
Compare Onramp Invest to Competitors
Finoa is a company that focuses on providing a curated crypto-asset platform for institutions, operating within the cryptocurrency and decentralized finance (DeFi) sectors. The company offers services such as secure custody of crypto-assets, in-custody staking, and integrated trading solutions, all designed to protect, manage, and grow assets for institutional needs. Finoa primarily serves sectors such as institutional crypto investors, venture capital firms, large corporations, and financial institutions. It was founded in 2018 and is based in Potsdam, Germany.
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