New custody integration seals iTrustCapital's spot as #1 Crypto IRA / 401(k) platform in the industry, offering 24/7 access and tax-free trading to eligible IRA accounts.
LONG BEACH, CA / ACCESSWIRE / June 17, 2021 / iTrustCapital, the world's leading digital asset IRA platform, has announced its integration with Coinbase Custody, adding layers to its already robust security for assets held on the platform.
Integrating one of the world's most trusted cold storage providers not only cements iTrustCapital's place as the top crypto IRA company in the industry, but further strengthens its best-in-class, 24/7 security to help ensure clients' assets are protected from all kinds of attacks.
"We're very excited about this integration with a trusted leader in the crypto space, particularly on the heels of the exponential growth we've experienced this year. Our team has done an excellent job onboarding thousands of new active monthly users with assets under management totaling more than $1 billion, and total trade volume exceeding $1.5 billion so far this year. Going forward we're well-positioned to capitalize on the growing demand for investors to include digital assets and physical gold in their retirement accounts," said Todd Southwick, CEO, iTrustCapital.
In addition to offering industry-leading segregated cold storage, Coinbase Custody undergoes routine financial and security audits by trusted auditing organizations, maintaining both SOC1 Type II and SOC2 Type II certification. Assets are also backed by a $255 million commercial crime insurance policy, renewed annually.
"In a big step forward for the Crypto IRA industry, we are excited that iTrust Capital has selected Coinbase Custody to custody and secure Digital Assets on the iTrustCapital platform," said Brett Tejpaul, Head of Institutional Sales, Trading and Prime.
No action is required by current clients to receive the added security, and since iTrustCapital is absorbing any additional costs associated with the integration, client fees will not change.
iTrustCapital's platform is available to all qualified US-based investors. The platform currently provides access to Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Cardano (ADA), Polkadot (DOT), Uniswap (UNI), Compound (COMP), DogeCoin (DOGE), Bitcoin Cash (BCH), Litecoin (LTC), Stellar Lumens (XLM), EOS (EOS), Sushi (SUSHI), and Physical Gold and Physical Silver. iTrust continues to add new assets frequently to meet demand.
iTrustCapital is also exploring the potential to provide new features to clients down the road, including staking services and the ability to participate in governance activities through governance tokens like Uniswap, Compound, MakerDAO, Sushi, Polkadot and more.
The world's leading digital asset IRA investment platform, iTrustCapital is disrupting the $34.9 trillion in US retirement assets market by serving as an intermediary tool for clients to directly buy, sell, and trade cryptocurrencies and physical gold in real-time through their retirement accounts. iTrustCapital's revolutionary, IRS-compliant platform ditches the costly inefficiencies and outdated processes that have traditionally plagued IRA models, allowing investors to safely, simply, and legally move money from their IRA or 401(k) into the cryptocurrency and gold markets at a fraction of the cost of other IRA companies.
Kevin Maloney, MBA