• 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

a year 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

Final Text on Stablecoin Yield Compromise Delayed

chest

The release of the final text on the stablecoin yield compromise has been delayed due to concerns over the markup session.

user avatarLuis Flores

Stablecoin Yield Dispute Approaches Resolution

chest

The stablecoin yield dispute, a key issue delaying the crypto market structure bill, is nearing resolution after recent meetings.

user avatarMiguel Rodriguez

Strategy Resumes Bitcoin Acquisitions with $329.9 Million Purchase

chest

Strategy has resumed its buying spree after a two-week gap, acquiring 4,871 BTC for $329.9 million.

user avatarMaria Gutierrez

Lazarus Group's Cyber Attacks on Crypto Platforms

chest

The Lazarus Group has conducted multiple attacks on crypto protocols, raising concerns about security vulnerabilities in the decentralized finance sector.

user avatarArif Mukhtar

SpaceX Plans Falcon 9 Launch for Thursday Night

chest

SpaceX is preparing for a Falcon 9 launch on Thursday night, April 9, carrying 25 Starlink V2 Mini Optimized satellites from Vandenberg Space Force Base.

user avatarJacob Williams

Northrop Grumman Launches Minotaur IV for Pentagon's STPS29A Mission

chest

Northrop Grumman successfully launched its Minotaur IV rocket for the Pentagon's STPS29A mission, carrying cubesats and demonstrating new technologies.

user avatarZainab Kamara

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.