iTrustCapital is a digital asset investment platform that enables users to buy and sell cryptocurrencies, physical gold, and silver within their self-directed IRAs, facilitating tax-advantaged retirement investing. The platform addresses the challenge of integrating alternative assets into retirement accounts by providing a streamlined process for account setup, funding, and trading, all while ensuring secure custody of client assets.
Funding
$125M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LLFounders
Product
Problem
Integrating alternative assets like cryptocurrencies, gold, and silver into traditional retirement accounts can be complex and inefficient, often involving outdated processes and limited access. Investors face challenges in securely setting up accounts, funding them, and trading these assets within a tax-advantaged environment.
Solution
iTrustCapital provides a fintech platform that streamlines the process of buying, selling, and holding digital assets and physical precious metals within self-directed IRAs. The platform offers 24/7 access to a range of alternative assets, enabling users to manage their retirement investments with greater flexibility and control. By eliminating traditional inefficiencies and partnering with regulated custodians, iTrustCapital ensures secure storage and facilitates tax-advantaged growth for retirement savings. The platform supports various funding methods, including rollovers from existing 401(k)s and in-kind transfers of cryptocurrency, making it easier for investors to diversify their retirement portfolios.
Target Audience
iTrustCapital primarily targets individual investors seeking to diversify their retirement savings with alternative assets like cryptocurrencies and precious metals within a tax-advantaged IRA.
Features
- 24/7 access to buy and sell cryptocurrencies, gold, and silver within an IRA
- Support for rollovers from 401(k), TSP, 403(b), and 457 plans
- Facilitation of in-kind transfers for existing crypto IRAs
- $0 monthly account fees for personal accounts
- 1% transaction fee for cryptocurrency buy and sell orders
- $75 transaction fee for gold purchases over spot price per ounce
- $3.25 transaction fee for silver purchases over spot price per ounce
- Secure, regulated custody of assets through third-party institutional storage providers
- Real-time buying and selling via the iTrustCapital mobile app