A platform that provides financial advisors with a service where they can trade digital assets on behalf of their clients has raised $ 6 million in funding.
Cryptocurrency exchanges Coinbase and Gemini have invested in the Onramp Invest platform, which provides registered investment advisors (RIAs) in the United States with access to the cryptocurrency market.
Galaxy Digital, Galaxy Fund Management, Eterna Capital, Fox Ventures, Ritholtz Wealth Management and WisdomTree also took part in the seed round of Onramp Invest funding.
Onramp Invest provides financial advisors with a service where they can trade digital assets on behalf of their clients, as well as receive reference and training information about the crypto market.
In total, the crypto platform raised $ 6 million in a seed round of funding. These funds will be spent on expanding the development team and creating new services.
On August 4, it became known that the RIT Capital Partners fund (formerly Rothschild Investment Trust) has invested in Aspen Digital, a platform for managing digital assets.
The platform brings together service providers that enable financial institutions and asset managers to invest in cryptocurrency.
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