Onramp Invest, a digital asset management company, has joined CoinDesk Indices (CDI), a subsidiary of CoinDesk, to provide financial advisors with better tools for portfolio creation and customization.
According to a press release, financial advisors will now be able to access CDI’s indices using Onramp’s marketplace, allowing them to offer a range of options to clients with different tastes and risk tolerances. “Combining the market intelligence of CoinDesk Indices with the flexibility and access of his Onramp will enable Advisors to offer their clients unparalleled growth opportunities,” Eric Ervin, CEO of Onramp Invest, said in a statement. .
As traditional finance (TradFi) companies venture into cryptocurrencies, financial advisors are looking to offer more customizable and sophisticated products for tracking the market.
CoinDesk Indices Managing Director Andy Baehr said: Building blocks for developing customized solutions for clients. “
Onramp, which aims to connect traditional financial players 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.