According to Foresight News: Asset tokenization company Securitize has acquired crypto investment startup Onramp Invest, with terms of the acquisition not yet disclosed. Onramp's Chief Operating Officer, Ashton Chaffee, stated that the sale to Securitize was attractive given the uncertain risk financing environment and existing partnership with Securitize.
Onramp is a software provider that helps financial advisors manage crypto investments and other digital assets. In July last year, the company raised $7 million in funding from investors such as JAM FINTOP and EJF Capital.