Onramp Invest, a cryptocurrency-focused integration platform has raised $6 million from Gemini Frontier Fund, WisdomTree, Galaxy Digital and others. According to a press release, the firm wants to use the proceeds to expand its service offering to registered investment advisors (RIAs), explore broker-dealer registration, and increase the size of its engineering team.
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"I appreciate our early adopters and supporters who have helped us to launch Onramp and encouraged us to stay true to our mission to innovate," said Tyrone Ross, Jr., Onramp Invest CEO.
Onramp provides education, access, and tools for RIAs to trade on behalf of their clients. The company also launched its own crypto-related educational resources service called Onramp Academy.
Meanwhile, investments in the cryptocurrency market are in full swing, according to analytical company CB Insights. The analysts found that blockchain startups raised over $4.3 billion in funding in Q2. The amount of funding in Q2 turned out to be an all-time record.
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