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Onramp closes $12.5M Series A led by Early Riders
Svmuu - Onramp has announced the closing of a $12.5 million Series A round of funding at a pre-investment valuation of $135 million, led by Early Riders, with participation from its private clients and external angel investors, among others. The project's primary business is to provide a multi-institutional escrow platform for large bitcoin holders, ensuring that assets are subject to multiple institutional approvals for transfers through partners such as BitGo, Coincover, and Tetra Trust. (axios)
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