Custody Provider Legacy Trust Launches Crypto Pension Plan
Cryptocurrency custody provider Legacy Trust is launching one of the first digital assets-based pension plans.
Digital Asset Investment Management says its new retirement plans can help savers beat inflation.
The crypto payroll provider claims its "world's first" bitcoin 401(k) plan can help U.S. companies cross the crucial 75% threshold with their small business loans.
Altshuler Shaham made the investment in GBTC in the second half of last year, when bitcoin was trading at around $21,000.
Blockchain solutions based on R3's tech will make it easier for users to verify their identities and claim lost pension funds, the firm says.
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out.