• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

AnchorZero Unveils Tax-Protective Solution for Tokens

user avatar

by Giorgi Kostiuk

10 months ago


AnchorZero, a platform enabling use of Roth IRAs, has announced the launch of its digital asset Roth IRA, supporting tokens and protecting them from capital gains taxes.

AnchorZero's Innovative Solution

AnchorZero enables founders and investors to use Roth IRAs to protect their tokens from capital gains taxes. This provides a unique opportunity to own tokens before they hit public exchanges, retaining their low initial value.

AnchorZero’s Roth IRA is the only financial product enabling founders to optimize their tax strategy during the earliest stages of token creation.Sunil Abraham, co-founder and CEO of AnchorZero

Benefits for Founders

By using AnchorZero's Roth IRA, founders can benefit from tax-free compounding. The company partners with Anchorage Digital Bank, providing secure custody and supporting blockchain operations within U.S. retirement accounts.

Tax Saving Examples

For example, if a crypto-token founder like Alice uses a Roth IRA for her shares, she can avoid paying sizable taxes as the token's value grows, saving millions that can be reinvested in new ventures.

AnchorZero is the kind of partner every founder wants when managing their financial strategies.Ken Li, Co-Founder of Eternis

AnchorZero simplifies the process for founders and investors to shield their tokens from capital gains taxes, paving the way for substantial financial savings and growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Avalanche (AVAX) Shows Potential for Rebound Amid Market Decline

chest

Avalanche (AVAX) is showing signs of a potential rebound as it trades within a falling wedge pattern, indicating a possible bullish reversal.

user avatarLeo van der Veen

Bithumb Suspends ADA Transactions for Network Upgrade

chest

Bithumb has announced a temporary suspension of ADA deposits and withdrawals to support a network upgrade and ensure system maintenance.

user avatarLi Weicheng

FLOKI Records 624% Jump in 24 Hours

chest

FLOKI has seen a remarkable 624% increase in just 24 hours, indicating strong community support.

user avatarAisha Farooq

Monash University Engineers Unveil Groundbreaking Graphene Supercapacitors

chest

Monash University engineers have developed graphene supercapacitors that achieve battery-level energy densities, potentially revolutionizing energy storage technology.

user avatarTenzin Dorje

A New Era in Global Credit: Direct Lending Takes Center Stage

chest

A significant shift is occurring in the global credit system, moving from traditional intermediated finance to direct lending facilitated by blockchain technology.

user avatarElias Mukuru

8lends: Revolutionizing Lending with Blockchain Technology

chest

8lends is a blockchain-enabled platform that combines traditional lending rigor with the speed and transparency of decentralized finance.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.