Onramp

Founded in 2022 and headquartered in Dallas, Texas, Onramp is a venture-capital–backed, privately held firm serving high-net-worth individuals, family offices, institutions, and financial advisors. Its leadership team brings deep fintech, cybersecurity, and traditional finance experience, with backgrounds at the likes of Bain & Co, Brown Brothers Harriman, and Google. Multi-Institution Custody (MIC): Its Core Innovation At the heart of Onramp’s offering is its multi-institution custody (MIC) model—a 2-of-3 multisignature (multisig) system distributing key control across three independent, regulated institutions (such as BitGo, CoinCover, and Canada’s Tetra Trust). This design removes single points of failure while ensuring that only client-authorized transactions are executed. Even if Onramp were to cease operations, the remaining keyholders ensure clients retain unconditional access to their Bitcoin. Vaults are insured under a per-incident policy (notably via Lloyd’s of London), and the custody model blends on-chain transparency with institutional-grade security. Key Services & Financial Solutions Onramp offers a seamless, all-in-one suite of Bitcoin-centric financial services, accessible via tiered offerings: Onramp Trade: A segregated, insured trading wallet with real-time dashboard and terminal access. Launching in May 2025, it delivers superior liquidity, competitive fees (0.75% standard, 0.65% for MIC users), and promotional pricing for early users. Onramp Core & IRA: Adds full MIC vault access, vault-insurance, Bitcoin-backed lending, estate planning, IRA options, and support for multiple account types. Onramp Private: A concierge-level tier featuring dedicated account management, lower trading fees (~0.32%), additional multisig controls, private investments, research access, and premium support. Institutional Offerings: Onramp provides fiduciary-friendly structures such as a Domestic Bitcoin Trust (Wyoming), Cayman-based fund vehicles, and direct custody vaults—each integrating MIC and suited for RIAs, pensions, sovereigns, and more. Other notable services include Bitcoin-backed lending (via a partnership with Arch, offering up to 50% LTV, flexible terms, no rehypothecation), IRA solutions, inheritance and estate planning, investment fund-access via trust vehicles, and a rich library of educational and research resources (reports, webinars, tools) to support informed Bitcoin stewardship. Licensing, Insurance & Regulatory Resilience Onramp's MIC structure relies on regulated custodians—BitGo is licensed as a trust company in both South Dakota and New York, CoinCover provides insured recovery and business continuity services backed by Lloyd’s and Munich Re, and Tetra Trust adds Canadian regulatory diversity. Each vault benefits from Lloyd’s of London insurance to protect against collusion or fraud between custodians. This multi-jurisdictional, multi-entity framework delivers resilience against operational, regulatory, or geopolitical risk.