Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with ETZ Soft, a platform that enables clients to trade and invest in cryptocurrency directly through their self-directed IRAs. The partnership aims to bridge the gap between self-directed retirement accounts and cryptocurrency investments, offering a secure and compliant solution for investors seeking exposure to digital assets.
Jaime Raskulinecz, CEO of Next Generation Trust Company, highlighted the importance of this collaboration. "At Next Generation, we are always looking for ways to improve our clients' investing experience and there are not many platforms with this kind of configuration," she said. "I like the ease in which our self-directed investors can allocate a portion of their retirement plan's funds to trade directly on ETZ Soft."
ETZ Soft serves as a third-party platform that provides institutional-grade custody and trading powered by Coinbase Prime. Clients of Next Generation can open and fund a self-directed IRA, then download the ETZ Soft mobile app to create an IRA subaccount and start trading digital assets 24/7. The platform offers access to the top 50 coins, as well as tokenized gold.
Seth Bergida, Head of Client Success for ETZ Soft, emphasized the growing demand for crypto exposure among self-directed IRA clients. "Self-directed IRA clients are increasingly seeking exposure to the crypto market as part of a broader alternative asset strategy, and SDIRA providers and custodians need a secure, compliant solution to offer crypto investing for their clients," he noted. "We are pleased to create this strategic partnership with Next Generation Trust Company to make it easier for their clients to invest in crypto without adding any complexity to Next Generation's operations."
In a self-directed IRA, all income and expenses must flow through the account to comply with IRS guidelines. When a client wishes to trade crypto on ETZ, funds must come from the client's Next Generation IRA into the ETZ sub-account; any cash distributions after the asset is sold return to the self-directed IRA. This structure ensures tax-advantaged treatment of gains.
This partnership is significant because it provides a streamlined, compliant way for retirement investors to diversify into cryptocurrencies without the complexity of establishing separate taxable accounts. By integrating with ETZ Soft, Next Generation Trust Company enhances its offering for alternative assets, which already includes real estate, private equity, and precious metals. For more information about self-directed IRAs and alternative assets, visit Next Generation Trust Company. Details about ETZ Soft can be found at ETZ Soft.
