Securitize Acquires $40B Crypto Fund Manager Onramp, Expands Investor Access

• Securitize, a tokenized asset firm, has acquired cryptocurrency fund manager Onramp Invest for an undisclosed cost.
• The acquisition gives registered investment advisers (RIAs) access to alternative asset classes like private equity, private credit and real estate through the Onramp platform.
• This builds on a previous partnership between Securitize and Onramp announced in March 2023 which focused on distributed access to tokenized private equity funds.

Securitize Acquires Crypto Fund Manager

Tokenized asset firm Securitize has acquired the cryptocurrency fund manager Onramp Invest with over $40 billion in assets under management (AUM). This provides RIAs with easy access to alternative asset classes like private equity, private credit and real estate via Onramp Invest’s dashboard.

Onramp’s Customer Base

The acquisition brings more than $40 billion in combined assets that the Onramp platform handles for a community of RIAs across the United States. Some prominent firms include WisdomTree and Valkyrie Invest, exchange-traded fund provider Global X, and crypto media outlet Coindesk — among others.

Previous Partnership With Securitize

The latest acquisition builds on a prior partnership between Securitize and Onramp announced in March 2023. It was focused on distributed access to tokenized private equity funds from investment firms like Hamilton Lane. At the time of the transaction, Onramp had RIA firms with a combined AUM of over $35 billion.

Increased Access To Alternative Assets For Investors

Securitize plans to simplify investor access to private market alternative assets by acquiring Onramp Invest. The transaction increases investments available to RIAs as they can now offer their clients direct access to Securitize’s alternative investment portfolio. This will help investors diversify their portfolios by giving them greater access to wealth generation opportunities in alternative assets classes that are usually not available through traditional markets or exchanges.

Benefits Of The Acquisition

The acquisition benefits both customers of both companies as well as those who have been part of either company previously but now become part of a larger organization with more resources at its disposal and greater potential for growth in terms of products offered as well as customer base size . According to Carlos Domingo, CEO at Securitizie: “Most wealth is generated in private market alternative assets, and bringing Securitize and Onramp together enables registered investment advisers to give their clients access to that wealth generation”