1. Onboard Expansion and Rebranding
2. Supporting Builders and Creators
3. Funding from Coinbase Ventures and LAVA

Onboard has announced a significant expansion and rebranding, supported by a successful capital raise from Coinbase Ventures and LAVA. This expansion marks the evolution of Onboard from a digital money app and a global P2P exchange to a comprehensive platform and ecosystem designed to empower onchain builders and creators globally.

Onboard Expansion and Rebranding

The world is facing unprecedented challenges: over 3.5 billion people live below the poverty line, currency devaluation ranges from 75-90%, and inflation in several regions has reached double and triple digits. Onboard believes that instead of battling outdated systems, the way to change this is by focusing on the transformative possibilities of the onchain economy.

Supporting Builders and Creators

Onboard empowers independent builders and creators to help bring the world onchain. Onboard's vision is to enable anyone, anywhere, to come onchain and live a radically better life. Their gateway enables people to come onchain with as little as $1 in under 2 minutes. However, the true value lies in the applications and experiences that make this economy accessible, engaging, and transformative. "To truly unlock the potential of the onchain economy, we need to support the creation of actually useful onchain apps and experiences. This is where builders and creators come in. This rebrand signifies our commitment to fostering a thriving onchain ecosystem that benefits everyone." - Yele Bademosi, Co-Creator of Onboard.

Funding from Coinbase Ventures and LAVA

The capital raised from Coinbase Ventures and LAVA will be pivotal in accelerating Onboard’s growth and expanding its offerings to meet the needs of the global onchain community. This funding will support the development of new financial tools, resources, and community initiatives aimed at empowering onchain creators and builders. "The onchain economy holds tremendous potential to empower people around the world. Onboard's on and offramps enables safe, low-cost, and low-barrier entry to the onchain world, bringing the benefits of this new economy to people who need it most. We're excited to partner with Onboard in making economic freedom more accessible to all." - Shan Aggarwal, Vice President, Corporate & Business Development, Coinbase Ventures.

Onboard is dedicated to building the ultimate financial platform and support community for onchain dreamers. By inviting the world's best minds to join, Onboard aims to create exceptional onchain applications and experiences that will inspire and enable more people to embrace the possibilities of this new economy.