Onramp Bitcoin Launches First Multi-Sig Spot Bitcoin Trust

2023-4-14 20:28

The trust will utilize three separate key holders to offer the benefits of multisignature custody to institutional investors.

Onramp Bitcoin has launched the first-ever spot bitcoin trust product that employs multi-party custody. This product is tailored to high-net-worth individuals, corporations and institutions seeking to gain exposure to bitcoin, according to a press release. 

The trust product will utilize three institutional-grade key holders, a qualified custodian named Kingdom Trust, and Bitcoin custody service firm Unchained Capital, to ensure that the custody of client bitcoin has no single point of failure.

Onramp is the first trust to leverage a multi-signature setup, requiring a quorum to move funds. The product is designed for those who want exposure to bitcoin without the tradeoffs of full third-party custody, but who are not yet ready to take on the responsibility of full self-custody.

According to the press release, Onramp's solution is also intended to address the limitations of existing Bitcoin fund vehicles, including single-point-of-failure custody, taxable events on withdrawal and lack of Bitcoin focus and education.

The trust will have a “Bitcoin-only focus with a commitment to education and advisory services to help clients excel during periods of volatility,” the press release describes.

The product will also offer segregated accounts with the ability to take possession of the underlying bitcoin without incurring a taxable event. 

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 65001.66 (+0.00%)
Объем 24H $32.826b
Изменеия 24h: 6.21 %, 7d: 4.03 %
Cегодня L: $61392.69 - H: $65099.73
Капитализация $1280.448b Rank 1
Цена в час новости $ 30292.02 (114.58%)

trust bitcoin offer benefits multisignature investors institutional

Источник: bitcoinmagazine.com

trust bitcoin → Результатов: 126


Азиатская инвестиционная компания IDEG запустила два биткойн-траста

IDEG Investment, азиатская компания по управлению активами, объявила о запуске биткойн-трастов Asia Bitcoin Trust I и Atlas Mining Trust I, совокупный объем которых составит $200 млн. В отличие от продуктов с пассивным управлением, вроде Grayscale Bitcoin Trust, в Asia Bitcoin Trust I будет применяться активное управление.

2019-12-11 19:23


Фото:

US Bitcoin & Treasury Investment Trust Files Amendment No.3 to Its Registration Statement With the SEC

The United States Bitcoin and Treasury Investment Trust, also known as the “Trust” filed an amendment No. 3 with the United States Securities and Exchange Commission on May 21. Wilshire Phoenix Funds, LLC, the sponsor behind The Trust made this announcement a few hours ago, with the amendment relating to the planned IPO of its common […] US Bitcoin & Treasury Investment Trust Files Amendment No.

2019-5-23 15:59


Акции Grayscale Bitcoin Trust вышли в лидеры по объему внебиржевых торгов

Глава Digital Currency Group Барри Силберт сообщил о том, что акции фонда Grayscale Bitcoin Trust (GBTC) вышли в лидеры по объему торгов на OTC Markets Group. Grayscale Bitcoin Trust (symbol: $GBTC) was the most actively traded stock on @OTCMarkets OTCQX today https://t.

2019-5-8 14:43


Фото:

The New York Times ‘Blockchain Influencers’ List is a Joke…Right?

When a major publication like The New York Times considers you a leader or ‘influencer’ in the blockchain space, chances are you’re probably working for a bank or the government.   Here Come The ‘Blockchain Influencers’ In an industry inspired by Bitcoin, specifically created to shun authority and eliminate trust, the idea of leaders seems like a joke to anyone who’s been in this space longer than a year.

2018-6-29 15:00


Фото:

SEC затребовала дополнительную информацию по новому проекту bitcoin-ETF

Комиссия США по ценным бумагам и биржам (SEC) потребовала дополнительную информацию по предложению Чикагской биржи опционов (CBOE) по торговле на бирже акций ETF-фонда SolidX Bitcoin Shares, созданного компанией VanEck SolidX Bitcoin Trust.

2018-6-28 23:47


Фото:

SEC ожидает комментарии по еще одному Bitcoin-ETF

Комиссия США по ценным бумагам и биржам (SEC) в очередной раз запросила комментарии относительно потенциального биржевого фонда на основе Bitcoin (ETF). Регулятор ценных бумаг попросил предоставить комментарии относительно предложения Cboe по торговле на бирже ETF SolidX Bitcoin Shares, который, в свою очередь, был предложен VanEck SolidX Bitcoin Trust.

2018-6-28 23:47


NYCE Acra отозвала заявку на листинг Bitcoin Investment Trust

Команда NYSE Arca отозвала из SEC запрос, посредством которого планировала получить разрешение на листинг площадки под названием Bitcoin Investment Trust. Руководство NYSE Arca объясняет, что основания для такого решения были и они, к тому же, очевидны.

2018-6-22 15:11


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin, Ethereum underperform as crypto market remains bearish

Bearish sentiment dominated the crypto market. BTC and ETH led the bearish sentiment with their poor price trends. While holders of certain meme coins may be celebrating significant gains inThe post Bitcoin, Ethereum underperform as crypto market remains bearish appeared first on AMBCrypto.

What's in store for XRP as XRPL development activity picks up pace?

The increase in development activity had little to no effect on XRP's price. A good buying opportunity might have presented itself, on-chain data revealed. Development activity on the XRP LeThe post What's in store for XRP as XRPL development activity picks up pace? appeared first on AMBCrypto.

Ethereum supply up by 100,000: What about ETH's 'deflationary status'?

Ethereum loses ultrasound money status. Total supply has increased by over 100,000. Ethereum [ETH] has transitioned from being labeled “ultrasound money” due to the EIP-1559 upgrade, whiThe post Ethereum supply up by 100,000: What about ETH's 'deflationary status'? appeared first on AMBCrypto.

Signs of an altcoin season - Why we aren't in one yet?

Altcoins have performed well in a six-month window, but it does not signal an altcoin season. The Bitcoin dominance chart could see accelerated gains for altcoin market capitalization. BitcoThe post Signs of an altcoin season - Why we aren't in one yet? appeared first on AMBCrypto.