Introducing Onramp Institutional: The Fiduciary Gateway

Brian Cubellis | Chief Strategy Officer

Sep 5, 2025

We’re thrilled to announce the launch of Onramp Institutional—a Bitcoin-only advisory and execution program for boards, CIOs, treasurers, and RIAs.

Start with Advisory to set objectives, risk, and liquidity; choose direct MIC custody (segregated, on-chain-verifiable vaults with an independent quorum) or MIC-backed trust wrappers (U.S. statutory trust, Cayman fund). You leave with audit-ready documentation and a small, disciplined sleeve you can defend.

Why now...

Institutional peers already hold bitcoin exposure via ETFs and other proxy vehicles. Having zero exposure is no longer a neutral decision. Controls now exist to implement a well-documented allocation and show your work with audit-ready materials.

What’s new...

Bitcoin-only advisory & education: IC-grade briefings led by domain experts. We align mandate, risk, liquidity, and reporting; compare ETF vs direct vs trust; model sizing and rebalance rules; and deliver an audit-ready governance pack your consultants and auditors recognize.

Custody standard: Multi-Institution Custody (MIC); a 2-of-3 independent quorum with segregated, on-chain-verifiable vaults, address-level attestations, and in-kind subscription/redemption. Designed to remove single points of failure while keeping control and transparency with the allocator.

Exposure options for every mandate...
Two paths, both powered by MIC:

➤ Direct MIC custody (you own bitcoin directly): Direct title with segregated, on-chain-verifiable vaults and a 2-of-3 independent quorum for approvals. Supports in-kind movement of assets, address-level attestations, and withdrawal optionality. Best when you want maximum transparency and operational control.

➤ Trust wrappers that use MIC (you own trust units; MIC holds the bitcoin): U.S. statutory trust (Wyoming) and Cayman fund structures that leverage MIC on the back end for the same segregated, on-chain-verifiable custody. Provide familiar governance, consolidated reporting, and investor-level in-kind subscriptions and redemptions (subject to eligibility and offering documents). Best when you want fund/trust administration, while retaining MIC’s transparency and flexibility.

Who it's for...

Built to serve family offices, RIAs, pensions/endowments, corporate treasuries, sovereign/public funds, and asset managers—matching jurisdiction, tax, and operational needs.

Going beyond ETFs...

ETFs are efficient for trading and price exposure, but they’re proxy instruments: shares held at a single custodian (a single point of failure), typically without investor-level in-kind redemption, without address-level on-chain transparency, and without direct ownership assurances or a withdrawal path.

By contrast, MIC-backed trusts (U.S. statutory trust, Cayman fund) and Direct MIC custody provide segregated, on-chain-verifiable vaults, a 2-of-3 independent key quorum, and investor-level in-kind subscriptions and redemptions—bringing ownership assurance, transparency, and control back to the allocator.