Onramp launched Onramp Business on Tuesday, a free company account for firms that want bitcoin on the balance sheet without relying on one login or one keyholder. The Austin company says the base account carries a 0.85% trade fee, keeps bitcoin with a qualified custodian, and usually verifies within a business day.
The account supports up to three named users, with owner, admin and view-only roles. It also includes an audit trail and requires two people to approve withdrawals. That detail matters more than it might have a year ago. A midyear report counted 52 physical attacks on bitcoin and crypto holders in the first half of 2026, up 33% from a year earlier. Recorded exposure tied to those incidents rose to about $124 million from $10.5 million. If one person can move coins alone, they can perhaps be forced to do so.
Free account, paid treasury tier
Onramp Business is not the firm’s Multi-Institution Custody product. Bitcoin in the free account sits in cold storage at a qualified custodian, according to the company’s product page. The three-institution vault starts with Onramp Treasury, which costs $375 a month or $3,600 a year. Treasury cuts the trade fee to 0.65% and moves coins into a vault held in the company’s name.
That vault uses a 2-of-3 quorum of Onramp, Tetra Trust and CoinCover. No single institution can lose, move or use the bitcoin, the company says. Treasury supports up to five users and two vaults, plus migration help and continuity planning for leadership changes. A $500 onboarding fee is waived for companies that activate Treasury by Dec. 31. Onramp Enterprise is aimed at funds, miners and large corporate treasuries, with pricing by consultation.
Why companies are looking again
Public companies have made bitcoin a balance-sheet asset at a scale that would have looked odd a few years ago. Strategy, the largest corporate holder, now holds 850,364 bitcoin after its latest weekly purchase. For smaller firms, the harder question is operational. Who holds the keys? What happens when that person leaves? Can one compromised login or one coerced employee move the whole position?
Onramp says Pacific Office Designs and Build Collateral Agent already use its service for company bitcoin. Build Collateral Agent president John Ruth said the firm picks partners partly to remove single points of failure, and he described Onramp’s service model as meeting expectations. That is a customer view, not an independent audit.
Onramp has offered Multi-Institution Custody since 2023 and says its network also includes BitGo. It raised $12.5 million in a Series A in May at a $135 million valuation and says it holds more than $1 billion in bitcoin under the model, with no security incidents since it was founded. It launched Onramp Finance in April, combining cash, bitcoin brokerage, IRAs and gold.
The open question
The test now is whether boards that liked bitcoin but rejected earlier custody options will see two-person approvals and a three-institution vault as enough. The product lowers some operational hurdles. It does not remove every risk, and physical attacks are only one part of the threat. Still, for a company that has stalled on the keyholder question, the pitch is clear.
