Cryptocurrency Analysis and News Portal
As with the trust, Onramp is harnessing multisignature (multisig) security, in which several custodians control the private keys to the bitcoin being held. The asset manager has tapped BitGo to perform this role alongside Coincover and Kingdom Trust, according to an announcement shared with CoinDesk on Thursday. Original Source
Read More
PayPal says that by launching the new service to USD on ramp, it hopes to simplify customer interactions with cryptocurrencies. Payments giant PayPal Holdings Inc (NASDAQ: PYPL) is expanding services offered as part of its expansion into the crypto sector. Following its launch of an on-ramp function that lets customers buy
Read More
Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets.Securitize is planning to simplify the access of registered investment advisors (RIA) to private equity, private credit and secondary asset
Read More
"With technology valuations significantly down and VC investment drying up, there is now a new opportunity for companies with a strong balance sheet and a growing business, like Securitize, to accelerate the digitization of finance and our role in driving it," Domingo told CryptoX. Source
Read More
The largest bitcoin (BTC) asset management product is Grayscale, which runs a $19 billion BTC trust (GBTC), but its dominant position may be under threat following news that investment giant Blackrock (BLK) has filed for a spot bitcoin exchange-traded-fund (ETF) in the U.S., Bernstein said in a research report Monday. Source
Read More
Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies. According to a June 21 announcement, the expansion is set to allow users to more easily transact with various digital and traditional currencies across borders while benefiting from
Read More
Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the "cold start problem" faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.”According to a May 4 statement, Stripe’s newly launched fiat-to-crypto onramp – which will be hosted by
Read More
The Stripe-hosted onramp was created with Web3 companies in mind. It is designed to cater to their varied use cases. Stripe, a financial infrastructure provider for businesses, has launched a fiat-to-crypto onramp to make it easier for Web3 companies to help their US-based clients to buy cryptocurrency. According to a Thursday
Read More
The launch of "Robinhood Connect," a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27.Introducing our latest investment in crypto, Robinhood Connect: https://t.co/SmENSYufBAA low-cost, on-ramp for customers, and a seamless integration for developers. Learn more: https://t.co/rnBnR0LYww pic.twitter.com/6uSIAJkudO— Robinhood (@RobinhoodApp) April
Read More
The partnership will create the ability for people to purchase .eth domain names with fiat currency for the first time. Source
Read More