By Sunita Arnold, Jul 24, 2023
The digital asset revolution, most notably cryptocurrencies, has profoundly reshaped the finance industry. These virtual financial instruments, often hailed as the “financial future,” have introduced a fresh investment perspective, capturing the interest of everyone from tech aficionados to casual investors and large financial establishments. Yet, amid this growing interest, there’s been a glaring blind spot: incorporating digital assets into Individual Retirement Accounts (IRAs).
As of mid-2022, IRAs held a striking $11.7 trillion in assets, a significant 34% of the total U.S. retirement market assets. This statistic has nearly doubled from the 18% held three decades ago, underscoring the rising relevance of IRAs in many American retirement strategies. Yet, mainstream financial institutions seem sluggish in integrating the burgeoning investor demand for cryptocurrency and alternative assets into their IRA offerings. Surveys indicate a high demand for such services, primarily among Gen Z adults and Millennials, indicating a clear market void. This is where iTrustCapital shines, embodying innovation, a pioneering spirit, and unwavering client dedication.
Inspired by a vision to upend the self-directed IRA industry, iTrustCapital identified and capitalized on this market void, shaping a new definition of retirement planning. Leveraging blockchain technology, the company facilitates real-time trading of cryptocurrencies, as well as physical gold and silver, within retirement portfolios. Their avant-garde approach has resulted in a transparent, cost-effective, and liquid platform that welcomes alternative assets into retirement accounts.
In just a few years, iTrustCapital has experienced remarkable growth, amassing over $2 billion in assets and over 40,000 client-funded accounts. The company’s revenue leaped from a humble $14,000 in 2019 to a staggering $50 million by 2021, demonstrating the firm’s outstanding client service and unique offerings. With an “Excellent” Trust Pilot rating supported by over 2,200 positive reviews, clients appreciate the platform’s accessibility, superior customer service, and innovative digital asset handling in a tax-advantaged IRA structure.
Uncover the hidden wealth in private equities and start boosting your financial future!
iTrustCapital’s potent software platform provides a transparent and liquid platform for digital asset trades within IRAs, eradicating outdated, inefficient processes. The platform’s robust growth and strong Trust Pilot rating reflect users’ trust and satisfaction, underpinned by a steadfast commitment to transparency and the promise of no hidden fees. By seamlessly integrating cryptocurrency and retirement accounts, iTrustCapital sets a new industry standard, offering a uniquely rewarding and trustworthy investment experience.
iTrustCapital is inclusive, catering to both small and large investors with a friendly minimum investment amount. The platform offers a diverse array of digital assets including Bitcoin and Ethereum, alongside physical gold and silver, giving investors the chance to hedge their digital investments with time-tested assets.
Using blockchain technology, iTrustCapital simplifies integrating digital assets into retirement accounts. Investors can establish a crypto IRA account and fund it through cash contributions, transfers, or rollovers. They can execute real-time trades involving digital and physical assets, all processed securely on the platform. Notably, iTrustCapital also offers staking, which allows investors to generate additional income from their digital assets, enhancing their wealth through market performance as well as staking rewards.
Given the security concerns surrounding digital asset investments, iTrustCapital has implemented stringent security measures. It uses advanced encryption technology, multi-signature wallets, cold storage solutions, and partners with reputable custodians, ensuring all assets are securely and independently held.
The forward-thinking vision of iTrustCapital has drawn the attention of investors like Linqto. The commitment of iTrustCapital to making crypto retirement accounts accessible to everyday investors aligns with Linqto’s own mission to democratize access to investment opportunities. iTrustCapital’s rapid growth, robust leadership, client satisfaction, and significant market opportunity make it a compelling investment.
Transform your investment strategy with private equities. Click here to start your journey towards financial freedom!
iTrustCapital isn’t just a company; it’s a movement, driven by a mission to unlock the enormous potential of digital assets in IRAs. It’s the story of a pioneer, combining cutting-edge technology with a deep understanding of investor needs, and pushing the boundaries of what’s possible in retirement investing. As we move into a future where digital assets play an increasingly critical role in our financial lives, iTrustCapital is a compelling part of that journey.
This material, provided by Linqto, is for informational purposes only and is not intended as investment advice or any form of professional guidance. Before making any investment decision, especially in the dynamic field of private markets, it is recommended that you seek advice from professional advisors. The information contained herein does not imply endorsement of any third parties or investment opportunities mentioned. Our market views and investment insights are subject to change and may not always reflect the most current developments. No assumption should be made regarding the profitability of any securities, sectors, or markets discussed. Past performance is not indicative of future results, and investing in private markets involves unique risks, including the potential for loss. Historical and hypothetical performance figures are provided to illustrate possible market behaviors and should not be relied upon as predictions of future performance.
What is the minimum and maximum per account?
The minimum to open an iTrustCapital account is $1000. The maximum to fund an account is based on IRS limitations for cash contributions. There is no maximum for IRA Transfers or Qualified Plan Rollovers.
What are the tax benefits of having an iTrustCapital account?
All iTrustCapital accounts are IRAs which shelter transactions within the account from any taxes. Gains are either tax-deferred or tax-free, depending on the type of IRA you have.
Are my funds held in USD FDIC insured?
Funds held in USD within an iTrustCapital account do have FDIC insurance coverage. This is because iTrustCapital’s third-party Qualified Custodian, Fortress Trust, deposits its clients’ USD funds into Provident Bank, which is FDIC-insured. Therefore, deposit accounts are insured up to the maximum limit set by federal regulation. It’s important to clarify, however, that FDIC insurance is specifically designed to safeguard depositor funds in the event of a bank failure. It does not provide protection against potential losses arising from your investment decisions or changes in market conditions.
As Director of Content Strategy at Linqto, Sunita deftly merges creative and strategic planning. Guiding a talented team, she aligns content with marketing objectives to deliver compelling, brand-consistent materials. Her diverse 15+ year career spans fintech, healthcare, and public relations, with highlights including managing investor relations for an alternate investment platform, steering business development in a leading PR firm's sports and entertainment sectors, and overseeing operations for a wealth management data service. Her past achievements include significantly contributing to the growth and efficiency of a top global fund administrator. Keeping pace with industry trends, Sunita applies her strategic acumen and market insight to advance Linqto's content strategy.
Back to articles
