OnRamp Financ2026-10-04 03:52:38OnRamp Finance CEO says Solana’s active market community helps new products launchOnRamp Finance CEO Dan Roberts said the company chose to launch its reinsurance product on Solana for reasons that go beyond transaction speed. In a post on X, Roberts said Solana has a genuinely engaged market community, with participants interested in integrating new businesses and willing to work together on parameter design, co-marketing, and product positioning. He added that Solana also has a group of real early partners, which he described as critical for bringing a new product to market. Roberts said the platform should take pride in that. OnRamp Finance is a DeFi protocol focused on reinsurance.170
Onramp2026-07-04 04:00:14Onramp Raises $12.5 Million to Expand Multi-Institution Bitcoin Custody InfrastructureAustin-based bitcoin financial services firm Onramp has raised $12.5 million in a Series A round led by Early Riders, bringing its valuation to $135 million. The company said it now safeguards more than $1 billion in assets under custody and has reported zero security incidents since launching in 2023. At the center of its strategy is Multi-Institution Custody, or MIC, a model that distributes key control across several regulated custodians instead of relying on a single intermediary or forcing clients into fully self-managed custody. Onramp says this approach is designed to reduce single points of failure while preserving on-chain verifiability. The company’s partners include BitGo, Coincover, and Tetra Trust, enabling shared-control structures that can span multiple jurisdictions. Institutional adoption is already emerging: UK pension fund Cartwright has selected Onramp for its bitcoin allocation, and the Bitcoin Policy Institute has voiced support for multi-party custody frameworks in discussions around possible state-level bitcoin reserves. The new funding will be used to scale Onramp Finance, expand product development, pursue distribution partnerships with banks, RIAs, and fintech firms, and build white-label bitcoin service offerings for financial institutions.430
