Michael Tanguma

Onramp has raised $12.5 million in a Series A round to scale its multi-institution bitcoin custody platform, which holds over $1 billion in assets under custody and has recorded zero security incidents. The company aims to build a full financial stack around bitcoin, including lending and retirement accounts. Onramp's Multi-Institution Custody model distributes key control across several regulated custodians.

Onramp has launched Onramp Finance, a platform integrating cash management, Bitcoin access, and gold ownership in a single account for long-term wealth building. The platform offers rewards, Bitcoin IRAs, and a cashback card, aiming to address fragmented financial services by consolidating banking, brokerage, and custody under one provider.