In addition to bitcoin-like assets, there are other direct exposure bitcoin fund vehicles, but they fall short in three key ways:

-Custody with a single-point-of-failure
-Taxable event on withdrawal
-Lack of Bitcoin focus and education

The Bitcoin landscape deserves better. Onramp delivers:

1) The Onramp Multi-Institution Custody Solution

At the heart of Onramp is a best-in-class custody solution for anyone who is not yet ready for self-custody. Using industry-standard collaborative custody processes, Onramp custodies assets in a multi-party vault.

The core idea is that the vault is controlled by 3 keys. These 3 keys are each held by a different institution. To control the assets in the vault, 2 of 3 keys need to approve any transaction. This makes Onramp’s custody solution fault tolerant with no single-point-of-failure.

As part of this arrangement, Onramp is proud to collaborate with BitGo, the industry leader in collaborative custody Bitcoin technology, and Kingdom Trust, a Qualified Custodian in the traditional asset management space. For individuals and institutions looking to have a Qualified Custodian as part of their Bitcoin custody arrangement, Onramp has built the solution you’ve been looking for.

2) No taxable event on Bitcoin withdrawal

We understand Bitcoin. So, we understand that many people eventually decide to self-custody their bitcoin. With existing direct exposure bitcoin funds, this means a taxable event on withdrawal. Onramp was designed to allow for bitcoin withdrawals that do not trigger a taxable event for the investor.

If your bitcoin investment pays off and appreciates significantly in value, the last thing you want is to face a hefty capital gains tax bill when you decide you’re ready to take self-custody. Onramp’s structure allows investors to withdraw their bitcoin when they’re ready without triggering a taxable event.

3) Bitcoin-only, with a commitment to education

The best way to get started in Bitcoin is by partnering with a company that deeply understands Bitcoin and is committed to Bitcoin education. Onramp was born from this idea. Most platforms that help you gain exposure to Bitcoin take your dollars and convert that money to bitcoin and that’s that. Onramp views it differently.

When you invest in bitcoin, you are not done learning about Bitcoin. Onramp is committed to building its clients’ Bitcoin knowledge and understanding. Our role is to be a partner, a trusted guide on your Bitcoin journey. That means helping you learn enough to navigate bitcoin’s volatility, prepare you to take self-custody when you’re ready, and most importantly, help you avoid the many perils in “crypto” that can hoodwink the uninitiated.