ChainCatcher news, according to The Block, the cryptocurrency payment aggregation platform Onramper has announced the launch of its cryptocurrency to fiat currency solution. The service integrates several leading providers, including MoonPay, Alchemy Pay, and Banxa, aiming to help users securely and conveniently convert cryptocurrencies into fiat. Onramper CEO Thijs Maas stated that the new service is based on smart routing technology, which can match users with the optimal exchange provider.It is reported that Offramper will support 46 fiat currencies and over 500 cryptocurrencies, covering 200 countries and offering 39 payment methods, including credit cards, bank accounts, and PayPal.

ChainCatcher news, India's inbound and outbound capital solution Onramp.money announced that it has received a strategic seed round investment from FunFair Ventures, with the specific amount not disclosed. FunFair Ventures is a venture capital firm under Funfair Technologies Group.

ChainCatcher news, according to CoinDesk, Bitcoin financial services company Onramp has launched a multi-signature platform, allowing multiple custodians to control the private keys of the Bitcoin they hold. The company has currently selected BitGo, Coincover, and Kingdom Trust as custodians to conduct business.

ChainCatcher news, the Algorand Foundation announced on its official website that Algorand Ventures has made a strategic investment in Onramp.money to support its global Web3 ecosystem.According to the introduction, Onramp.money is a provider of inbound and outbound payment solutions in India, and has recently expanded its services to multiple jurisdictions worldwide, including Vietnam, the UAE, Turkey, and Mexico. The platform's transaction volume and user engagement have been consistently growing by 100-200% on average each month.

ChainCatcher news, according to The Information, asset tokenization company Securitize has acquired crypto investment startup Onramp Invest, with the acquisition amount undisclosed. It is reported that Securitize has raised over $120 million from supporters including Blockchain Capital, Coinbase Ventures, and funds managed by Morgan Stanley.According to the crypto data platform RootData, Securitize is a fully digital integrated platform for issuing, managing, and trading digital asset securities; Onramp Invest is a digital, comprehensive crypto asset management solution that helps financial advisors invest in cryptocurrencies.

ChainCatcher news, according to CoinDesk, Bitcoin financial services company Onramp has launched a spot Bitcoin trust for high-net-worth investors, utilizing multi-signature for multi-party custody, where a group of independent custodians each holds one private key. Each unit of the trust will correspond to one Bitcoin, and clients will be able to process physical redemptions, redeeming the underlying asset (Bitcoin) without triggering a taxable event.Currently, U.S. Bitcoin exchange-traded funds (ETFs) are not allowed to hold Bitcoin directly, typically holding Bitcoin futures contracts instead. Other investment funds, such as the Grayscale Bitcoin Trust (GBTC), do hold BTC but do not allow for physical redemptions.Additionally, Onramp has recruited qualified custodians Kingdom Trust and Bitcoin financial services company Unchained Capital to create a 2-of-3 multi-signature model, meaning that two of the three entities need to sign transactions to transfer client funds. The goal is to allow clients to purchase Bitcoin directly without the hassle of self-custody or the risk of trusting a single custodian. (Source link)

ChainCatcher message, cryptocurrency exchange BitMEX announced a partnership with Onramper to support seamless and secure fiat-to-crypto purchases. BitMEX can now support more fiat currencies, payment methods, and cryptocurrencies through Onramper's API.It is reported that Onramper is a fiat-to-crypto gateway aggregator. (source link)