U.S.-based Bitcoin financial services provider Onramp has introduced Onramp Business, a new account designed to help companies purchase, hold, and manage Bitcoin on their corporate balance sheets with structured governance and security controls.
The account is available to businesses without a subscription charge, although transactions carry a 0.85% trading fee. Bitcoin holdings are maintained through a qualified custodian, while most businesses can reportedly complete the verification process within one business day.
The launch aims to address a major obstacle to corporate Bitcoin adoption by providing businesses with institutional custody, employee-level permissions, withdrawal approvals, and auditable controls without requiring them to establish their own complex custody arrangements.
Onramp has also introduced two additional service tiers, Onramp Treasury and Onramp Enterprise, targeting companies with larger Bitcoin holdings and more extensive treasury management requirements. Pacific Office Designs, Bitcoin News, and Build Collateral Agent LLC are among the organizations already using the company’s services to hold Bitcoin.
Corporate Governance Remains a Barrier to Bitcoin Adoption
Onramp said the ability to purchase Bitcoin has become relatively straightforward for businesses, but establishing appropriate internal governance over those holdings remains considerably more difficult.
Companies using self-custody arrangements often depend on individual employees to manage private keys and hardware wallets. This creates operational vulnerabilities because the departure of a key holder can require new security procedures and the transfer of responsibilities. It also concentrates physical security risks on individuals responsible for safeguarding the assets.
Traditional cryptocurrency exchange accounts present different limitations, generally relying on shared or centralized credentials without comprehensive employee permissions and transaction approval mechanisms.
Institutional custodians offer more structured security arrangements, but their pricing models are often designed for large investment funds and financial institutions. According to Onramp, these limitations have discouraged some corporate boards from approving Bitcoin allocations because companies could not demonstrate how their holdings would be secured and managed.
Physical security concerns have also increased. Data cited by the company indicated that 52 physical attacks targeting Bitcoin and cryptocurrency holders were reported during the first half of 2026, representing a 33% increase from the corresponding period a year earlier.
Multiuser Access and Withdrawal Approval Controls
Onramp Business allows companies to register up to three authorized users, with each receiving one of three permission levels: owner, administrator, or view-only.
This structure enables businesses to distribute responsibilities without giving every employee access to transaction execution. For example, bookkeepers and board members can monitor corporate Bitcoin holdings without receiving permission to transfer assets.
Companies can also activate withdrawal approval requirements that require authorization from a second individual before funds can be moved. The arrangement resembles dual-approval procedures commonly used for corporate bank transfers.
Consequently, a single employee or company founder cannot independently withdraw the organization’s Bitcoin when additional approval controls are enabled.
The platform also maintains an audit trail covering account verification, user configuration, deposits, and Bitcoin purchases. Transactions are processed through the platform, with acquired Bitcoin transferred directly into custody.
Onramp founder and chief executive Michael Tanguma said the product was developed in response to questions frequently raised by corporate boards about private-key management and responsibility for safeguarding company assets. He explained that the service aims to provide businesses with governance mechanisms comparable to those already used in conventional banking.
Onramp Business is live.
The bitcoin account for businesses, titled to your company, with multiple users, withdrawal approvals and the governance you already run on your bank accounts.
Start at $0 a month, then upgrade to Onramp Treasury for Multi-Institution Custody. https://t.co/MA6TTDpuJr
— Onramp (@OnrampBitcoin) November 10, 2026
Onramp Treasury Introduces Multi-Institution Custody
For companies holding larger Bitcoin reserves, Onramp Treasury provides an expanded custody arrangement starting at $375 per month.
The service uses the company’s Multi-Institution Custody (MIC) model, under which Bitcoin is placed in a dedicated vault held in the customer’s name. Each vault is secured through three independent institutions selected from a network comprising Onramp, BitGo, CoinCover, and Tetra Trust.
The custody structure is designed to prevent any single participating institution, including Onramp itself, from independently losing, transferring, or using the company’s Bitcoin without the customer’s authorization.
Onramp Treasury supports up to five users and two vaults while reducing the trading fee from 0.85% to 0.65%. Additional services include assistance with transferring existing Bitcoin holdings into the custody arrangement and continuity planning to maintain access and governance when company leadership changes.
Expanding Institutional Bitcoin Management
With Onramp Business and Treasury, the company is targeting organizations that want exposure to Bitcoin without relying on informal custody arrangements or expensive institutional services.
The introduction of Enterprise services further extends its strategy toward companies with larger holdings and more complex treasury requirements. The broader objective is to make corporate Bitcoin ownership more manageable by combining asset protection, operational accountability, and internal financial controls.
