Onramp Hires Mark Connors as Managing Director to Boost Bitcoin Institutional Adoption

Onramp, a Bitcoin financial services platform based in Dallas, TX, has announced the appointment of Mark Connors as Managing Director, Head of Global Macro Strategy. Connors, formerly with Canadian digital asset manager 3iQ, will lead Onramp's mission to accelerate institutional adoption of Bitcoin and enhance its role in addressing traditional portfolio challenges.

Mark Connors brings 35 years of experience in liquid markets, including senior roles at Credit Suisse, Diamondback Capital, and Strategic Value Partners. At Onramp, he will focus on market research, data analysis, and institutional sales, particularly emphasizing the benefits of the Onramp Bitcoin Trust and promoting Multi-Institution Custody as the global standard for Bitcoin security.

Michael Tanguma, CEO of Onramp, highlighted Connors' expertise in global macroeconomic trends and secure custodian solutions. Connors himself stressed the importance of reliable custody solutions in unlocking Bitcoin's long-term potential, citing the risks posed by single points of failure in existing financial products.