Onramp Bitcoin Media The Last Trade E022: A New Custody Standard with Mitch Kochman from BitGo
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Marty Bent, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
0:00 - Intro
1:56 - Mitch’s backstory
7:08 - It’s for the kids
12:57 - BitGo
21:21 - Bitcoin breaking from Crypto
26:00 - Early in monetization process for digital gold
29:57 - Custodial risk
40:22 - A message from Onramp
40:47 - Fear of losing your own Bitcoin
50:29 - Innovator’s dilemma and new fee structures
53:32 - Providing context, setting a new standard
1:02:21 - Shifting mindset to custody as a paid service
1:09:09 - Heavy bags are uncomfortable
1:13:56 - Building the future and spreading the word
1:25:07 - Wrapping up
Onramp is a bitcoin asset management platform built on multi-institution custody. We serve high net-worth individuals, institutional investors, and financial intermediaries with a best-in-class suite of products, which include Multi-Institution Custody, a spot Bitcoin Fund, Onramp Wealth for RIAs, and Private Wealth services for HNWIs.
Leveraging our partnership with BitGo and other industry leaders, Onramp’s multi-institution custody is a first-of-its-kind institutional-grade vault, requiring 2 of 3 institutions at any point in time to sign once a client’s unique permissions have been met.
Our multi-institution vaults utilize cold storage key signing and authentication at the direction of the client to maximize security for client assets. This pioneering approach to custody is the foundation of Onramp’s financial products, which reduce counterparty risk associated with trusting a single institution.
To learn more about how Onramp can help you secure a new or existing bitcoin position, please visit our website at www.onrampbitcoin.com, where you can schedule a consultation and connect directly with our team.