Crypto Wealth Manager Onramp Leverages CoinDesk Indices to Create Custom Portfolios

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Digital asset wealth management company, Onramp Invest, has joined CoinDesk subsidiary CoinDesk Indices (CDI) to provide financial advisors with better tools to create and customize portfolios.

Financial advisors will be able to use Onramp’s marketplace to access CDI indices, giving them a range of options for clients with different preferences and risk tolerance, according to a press release. “Combining the market intelligence of CoinDesk Indices with the flexibility and access of Onramps provides advisors with unprecedented growth opportunities for clients,” said Eric Ervin, CEO of Onramp Invest in the release. .

As more traditional financial firms (TradFi) move into crypto, financial advisors have sought to provide more customizable and sophisticated products to follow the markets.

CDI’s rules-based methodology for our indices is robust and comprehensive, which we believe adds real value, said Andy Baehr, Managing Director of CoinDesk Indices, adding, “Advisors using Onramps Marketplace will be able to use the CDI indices as building blocks. to develop customized solutions for their customers.”

Onramp, which aims to connect players in traditional finance with digital assets, raised $7 million in a Series A funding round last year, led by JAM Fintop and EJF Capital.

CoinDesk is a subsidiary of Digital Currency Group.

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