Bosonic Adds to Network
Posted by Colin Lambert. Last updated: September 4, 2022
DeFi tech provider Bosonic has unveiled Onramp Invest, a crypto management solution providing access to crypto assets for registered investment advisors, as the latest firm to join the Bosonic Network.
The Network connects clients to digital asset custodians and liquidity partners, enabling access to these assets markets and delivers a layer-2 blockchain for payment versus payment settlement which eliminates counterparty credit and settlement risk.
“With recent market volatility highlighting the issues with both bilateral risk and asset safety, we are delighted to join the respected Bosonic Network and provide our advisors and their clients with specialist infrastructure delivering asset safety with zero counterparty credit and settlement risk,” says Eric Ervin, CEO, Onramp Invest. “As we continue to build and scale our business, we constantly search for the best way to deliver first-rate liquidity and market access, thus ensuring our clients obtain the best prices at all times.”
Jason Nabi, Bosonic’s chief revenue officer, adds, “Onramp are at the forefront of enabling wider access and opportunity for advisors and their clients to invest in the long-term benefits of crypto assets. The wealth segment is a key priority for Bosonic. We are seeing a large number of family offices, private banks and advisor platforms move to Bosonic, not only because of our model and capability, but also because we do not compete with them in their own market, unlike other crypto service providers.”