Onramp completes $12.5 million Series A financing, with a valuation of $135 million
Foresight News reports, according to Axios, that Bitcoin custody platform Onramp has completed a $12.5 million Series A funding round, bringing the company's valuation to $135 million. The news was disclosed by the company's CEO, Michael Tanguma, to Axios Pro.
Onramp focuses on helping large Bitcoin holders diversify the custody of their assets across multiple institutions, allowing users to avoid relying on a single custodian and eliminating the need to manage private keys themselves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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