bitcoin finance

Onramp

2026-07-02 19:45:14

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

Onramp, a bitcoin financial services firm based in Austin, has raised $12.5 million in a Series A round led by Early Riders, valuing the company at $135 million. Its Multi-Institution Custody (MIC) model distributes key control across regulated custodians like BitGo, Coincover, and Tetra Trust, eliminating single points of failure while maintaining on-chain verifiability. With over $1 billion in assets under custody and zero security incidents since 2023, institutional adoption is growing, including UK pension fund Cartwright and the Bitcoin Policy Institute. The funds will fuel the expansion of Onramp Finance (brokerage, IRA, cash accounts, payments) and white-label services for traditional financial institutions. Former Blackstone partner David Thayer joins as strategic advisor.

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Bitcoin Insur

2026-07-02 18:00:14

World's First Regulated Bitcoin Life Insurer Meanwhile Raises $82M, Expands BTC Insurance Products

Meanwhile, the world's first regulated Bitcoin life insurance company, has raised $82 million in a funding round co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark. The round brings Meanwhile's total 2025 funding to $122 million. Based in Bermuda and regulated by the Bermuda Monetary Authority, the company offers Bitcoin-denominated life insurance, annuities, savings, and insurance bonds. It has seen over 200% growth in Bitcoin assets under management and is one of the world's largest long-duration BTC lenders. The funds will accelerate global expansion through institutional partnerships, signaling growing mainstream confidence in Bitcoin-based financial services.

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ProCap Financ

2026-07-02 16:00:14

Anthony Pompliano Announces $1 Billion Merger Creating ProCap Financial, Record Bitcoin Treasury Fundraise of $751.5 Million

Anthony Pompliano announced a $1 billion merger to create ProCap Financial via a SPAC transaction with Columbus Circle Capital Corp. The deal includes the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5 million in equity and $235 million in convertible notes. ProCap will hold up to $1 billion in Bitcoin on its balance sheet. Investors include Magnetar Capital, Woodline Partners, Anson Funds, and Blockchain.com. The convertible notes feature a 130% conversion rate, zero interest, 36-month maturity, and 2x collateral. The transaction is expected to close by end of 2025, pending SEC approval. Pompliano believes Bitcoin is disrupting legacy finance and aims to provide Bitcoin-native financial services to institutions.

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bitcoin-backe

2026-07-02 14:00:14

Unchained Surpasses $1 Billion in Bitcoin-Backed Loan Originations: A New Standard for Transparency and Security

Unchained, a leader in bitcoin-native financial services, announced it has surpassed $1 billion in bitcoin-backed loan originations after nine years and over 4,000 loans issued. The company uses a 2-of-3 multisignature vault structure allowing borrowers to retain one key and verify collateral on-chain, avoiding rehypothecation. With the bitcoin-backed lending market projected to grow over 430% by 2030, Unchained has also lowered its APRs to remain competitive while maintaining its transparent, client-empowered model.

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