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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin Custody Platform

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Bitcoin Magazine Editorial

(09:12 PM UTC)

1 min read

Approved byMichael Roberts

0 comments

Onramp has raised $12.5 million in a Series A round led by Early Riders, valuing the bitcoin financial services firm at $135 million as it pushes to scale a custody model designed to meet institutional standards.

The Austin-based company told Bitcoin Magazine it now holds more than $1 billion in assets under custody and has recorded zero security incidents since its founding in 2023. The new…

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