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