Onramp joins Bosonic Network 02 September 2022US Reporter: Lucy Carter
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Crypto management solution Onramp Invest is to join the Bosonic Network (Bosonic).
As part of the mandate, Onramp will support the wealth segment of Bosonic.
Onramp Invest provides access to crypto assets for registered investment advisors and delivers a platform for financial advisors to help their clients safely invest in digital assets.
Joining the Bosonic Network, Onramp will be able to connect advisors with higher security facilities and provide better prices, Bosonic says.
Bosonic connects institutions to institutional-grade digital asset custodians and liquidity partners, giving clients secure access to the digital assets market. The company also removes counterparty credit and settlement risk through their use of layer-2-blockchain.
Eric Ervin, CEO of Onramp, says: “With recent market volatility highlighting the issues with both bilateral risk and asset safety, we are delighted to join Bosonic Network and provide our advisors and their clients with specialist infrastructure delivering asset safety with zero counterparty credit and settlement risk.”
Jason Nabi, chief revenue officer of Bosonic, comments: “Onramp is at the forefront of enabling wider access and opportunity for advisors and their clients to invest in the long-term benefits of crypto assets.
“The wealth segment is a key priority for Bosonic. We are seeing a large number of family offices, private banks and advisor platforms move to Bosonic, not only because of our model and capability, but also because we do not compete with them in their own market, unlike other crypto service providers.”
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