Interchange (road)

ML Tech Partners with Onramp Invest, a Securitize company, to Offer Multi-Factor Digital Asset Strategies to RIAs

Retrieved on: 
Thursday, May 2, 2024

Miami, FL., May 02, 2024 (GLOBE NEWSWIRE) -- ML Tech, a leading digital asset wealth management platform, today announced its partnership with Onramp Invest, a Securitize company and the turnkey digital asset management platform for financial professionals.

Key Points: 
  • Miami, FL., May 02, 2024 (GLOBE NEWSWIRE) -- ML Tech, a leading digital asset wealth management platform, today announced its partnership with Onramp Invest, a Securitize company and the turnkey digital asset management platform for financial professionals.
  • For institutional investors such as RIAs looking for crypto exposure, ML Tech offers actively managed crypto strategies by a highly experienced quant team with deep expertise in digital asset investments.
  • Offering ML Tech’s comprehensive models is another step forward in that mission.” Eric Ervin, CEO of Onramp Invest, a Securitize company.
  • In the US, RIAs can access select ML Tech strategies on the Onramp platform with more to come.

Onramp Invest First US Firm to Deliver Investable Access to the CoinDesk 20 Index

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Onramp Invest, a Securitize company and a turnkey asset management platform that provides everything RIAs need to support blockchain-based alternative investment offerings, today announced that advisors using its platform can access theCoinDesk 20 Index, an investable index that measures the performance of top digital assets. The CoinDesk 20, currently trading via perpetual futures on the Bullish Exchange, is published byCoinDesk Indices, the leading provider of digital asset indices since 2014.

Key Points: 
  • The CoinDesk 20 Index measures the performance of twenty top digital assets with a focus on liquidity.
  • The CoinDesk 20 Index is intelligently designed and captures more than 90% of the digital asset market capitalization1, and we're thrilled to offer advisors another powerful index from CoinDesk Indices.
  • In addition to the CoinDesk 20, Onramp's flexible platform features other CoinDesk Indices offerings, including CoinDesk Market Select Index (CMIS) , CoinDesk Defi Select Index (DFX) , CoinDesk Currency Select Index (CCYS) , Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI) .
  • For more information on Onramp's platform for advisors and how to access the CoinDesk 20 Index, please visit https://onrampinvest.com/coindesk-indices/ .

Securitize Acquires Onramp Invest, Extending Tokenized Alts to RIAs Managing $40B in AUM for First Time

Retrieved on: 
Thursday, August 17, 2023

NEW YORK, Aug. 17, 2023 /PRNewswire/ -- Securitize, the leader in expanding investor and business access to tokenized alternative assets, today announced its acquisition of digital asset wealth platform Onramp Invest.

Key Points: 
  • Onramp Invest is the premier advanced digital asset wealth platform for forward-thinking financial professionals.
  • Onramp already offered RIAs easy access to digital assets, so it is a very natural extension to offer them tokenized alternative assets to complement their portfolios," said Securitize CEO Carlos Domingo.
  • Looking forward, Onramp is expected to continue operating as a subsidiary of Securitize and to integrate Securitize products into their existing offering over time.
  • The transaction is anticipated to close in the next several days and the terms of the transaction were not disclosed.

Onramp Joins Walmart Marketplace to Help eCommerce Businesses Grow

Retrieved on: 
Monday, June 26, 2023

AUSTIN, Texas, June 26, 2023 /PRNewswire/ -- Onramp , an innovative funding provider that supports the growth of eCommerce businesses, has joined Walmart Marketplace, connecting its funding platform to allow Walmart's eCommerce sellers to access fast, flexible financing solutions to help drive scale.

Key Points: 
  • AUSTIN, Texas, June 26, 2023 /PRNewswire/ -- Onramp , an innovative funding provider that supports the growth of eCommerce businesses, has joined Walmart Marketplace, connecting its funding platform to allow Walmart's eCommerce sellers to access fast, flexible financing solutions to help drive scale.
  • "As an approved Walmart Marketplace Solutions Provider, Onramp can now help sellers on Walmart Marketplace secure funding to grow their business faster," said Eric Youngstrom, Onramp's CEO.
  • "We're thrilled to be helping sellers on Walmart Marketplace scale their businesses and achieve success.
  • Existing Onramp customers who already sell on Walmart Marketplace can now, for the first time, also take advantage of this integration.

PPMD Applauds FDA for Landmark Approval of First-Ever Gene Therapy Treatment for Duchenne for Patients Ages 4-5 Years Old

Retrieved on: 
Thursday, June 22, 2023

WASHINGTON, June 22, 2023 /PRNewswire/ -- Parent Project Muscular Dystrophy (PPMD), a nonprofit organization leading the fight to end Duchenne muscular dystrophy (Duchenne), heralded today's decision by the Food and Drug Administration (FDA) to approve the first-ever U.S. application for a gene therapy treatment for Duchenne patients ages 4-5 years old. ELEVIDYS (delandistrogene moxeparvovec-rokl) is the sixth approved therapy in Duchenne and the first therapy to replace the missing dystrophin protein by using a modified smaller version of the dystrophin gene, called micro-dystrophin, to produce a modified micro-dystrophin protein. ELEVIDYS will be made available and marketed in the United States by Sarepta Therapeutics.

Key Points: 
  • Despite the incredible advances made with five prior drug approvals for Duchenne, our community continues to have significant unmet needs.
  • Today's approval of a dystrophin replacement strategy further builds upon, and extends, the positive impact of Duchenne therapy development to date," said PPMD Founding President and CEO Pat Furlong.
  • PPMD has long been optimistic that gene therapy could be a potential treatment for Duchenne.
  • PPMD launched its Gene Therapy Initiative in 2017 as a long-term concept seeking to accelerate the potential of gene therapy as a therapeutic for Duchenne.

Moon Equity Holdings to Sell BitGift Asset to Silo Wellness in Exchange for a Dividend

Retrieved on: 
Wednesday, April 26, 2023

At closing, MONI plans to allocate the Silo shares as a dividend to MONI existing shareholders, based on a record date to be determined by FINRA.

Key Points: 
  • At closing, MONI plans to allocate the Silo shares as a dividend to MONI existing shareholders, based on a record date to be determined by FINRA.
  • Moon Equity Holdings CEO, Frank Ottaviani, stated, “We are pleased to have entered into this agreement with Silo Wellness, and we are looking forward to integrating the BitGift platform into Oregon’s psilocybin market and beyond.
  • According to the terms, MONI would transfer the BitGift asset to Silo Wellness in exchange for 5,050,505 Common Shares of Silo (currently valued at CAD$100,000 as per the 20-day VWAP).
  • Mike Arnold, CEO of Silo Wellness, commented, “We see BitGift as a catalyst to swiftly move Oregon psilocybin away from a cash-only system.

Onramp adds Coinbase Prime as trading partner on leading crypto platform for RIAs

Retrieved on: 
Monday, April 24, 2023

Onramp Invest, the leading, all-in-one digital asset investment platform for financial professionals, announced the addition of Coinbase Prime’s custodian, Coinbase Custody Trust Company, as its trading partner and third custodian service.

Key Points: 
  • Onramp Invest, the leading, all-in-one digital asset investment platform for financial professionals, announced the addition of Coinbase Prime’s custodian, Coinbase Custody Trust Company, as its trading partner and third custodian service.
  • Added to prior custodian choices, Gemini and Prime Trust, Onramp is the only platform to provide RIAs this level of diverse access and flexibility in their management of client digital asset portfolios.
  • “For the first time, RIAs will have the full power and security that Coinbase brings to crypto investing at their fingertips through Onramp.”
    Christopher Amorello, Institutional Sales Manager of Coinbase Prime, added, “Onramp was already a trusted platform to empower RIAs managing client crypto investments.
  • We are dedicated to making Coinbase Prime the platinum standard of institutional crypto access and custodianship, and excited for Onramp to bring that standard to RIAs and investors nationwide.”
    As of today, the option to choose Coinbase Prime to access crypto markets and custody client assets is available on the Onramp platform.

Onramp Invest Teams Up with CoinDesk Indices to Deliver Leading Crypto Indices

Retrieved on: 
Wednesday, April 19, 2023

Onramp Invest , the turnkey digital asset service for financial professionals, today announced its partnership with CoinDesk Indices (CDI) , a subsidiary of CoinDesk , the leading provider of digital asset indices by AUM since 2014.

Key Points: 
  • Onramp Invest , the turnkey digital asset service for financial professionals, today announced its partnership with CoinDesk Indices (CDI) , a subsidiary of CoinDesk , the leading provider of digital asset indices by AUM since 2014.
  • The indices available on Onramp’s flexible platform include CoinDesk Market Select Index (CMIS) , CoinDesk Defi Select Index (DFX) and CoinDesk Currency Select Index (CCYS) .
  • “We’re excited to be able to offer access to CoinDesk’s leading indices backed by powerful research and invaluable market insights,” said Eric Ervin, CEO of Onramp Invest.
  • “CDI's rules-based methodology for our indices is robust and comprehensive, which we believe provides a real value add,” said Andy Baehr, CFA, Managing Director at CoinDesk Indices.

Securitize Partners With Onramp to Streamline Private Equity Investing

Retrieved on: 
Tuesday, March 21, 2023

NEW YORK, March 21, 2023 /PRNewswire/ -- Digital securities leader Securitize and digital asset wealth platform Onramp Invest today announced the beginning of broadened and distributed access to tokenized private equity funds from leading investment firms, including Hamilton Lane (NASDAQ: HLNE).

Key Points: 
  • Securitize gives individual investors access to high-quality, real-world assets, such as private equity, and we are proud to partner with Onramp to extend this access to their community of financial advisors and investors," said Securitize Markets CEO Jay Proffitt.
  • Securitize's ability to fully digitize the process of investing in private equity vehicles, issuing and managing shares, and facilitating potential liquidity, is reducing the barriers for more people to access private equity investments for the first time.
  • One of the first two private equity feeder funds provides access to Hamilton Lane's Equity Opportunities Fund V ("the Fund").
  • "Modern private equity investing started in the 1940s, but due to Depression-era regulations, it has been strictly limited to institutions and the extremely wealthy," stated Eric Ervin, CEO of Onramp Invest.

MONI/BitGift® Signs Partnership With MoonPay to Provide Visa Debit Card, Onramp and Offramp Services to BitGift

Retrieved on: 
Monday, February 13, 2023

Through the partnership, BitGift® will now be able to provide its customers the use of Visa Debit Cards, as well as Onramp and Offramp services.

Key Points: 
  • Through the partnership, BitGift® will now be able to provide its customers the use of Visa Debit Cards, as well as Onramp and Offramp services.
  • MoonPay ensures that compliance will never be an issue as it provides top notch KYC and onboarding services.
  • Once the integration is complete, BitGift® will be able to provide its users with a fully-complete Onramp and Offramp system.
  • This integration will allow BitGift® to provide a complete set of Onramp and Offramp services for its users, while also continuing to provide a trusted and secure platform for buying, selling, sending, and receiving a BitGift®.