• 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

Eric Trump Sets Extreme Conditions for Selling Bitcoin

chest

Eric Trump, cofounder of American Bitcoin Corp, states that the company will only sell Bitcoin under catastrophic conditions, emphasizing a commitment to permanent accumulation.

user avatarLeo van der Veen

Garrett Jin's Strategic Multi-Asset Approach Signals Confidence in Crypto Market

chest

Garrett Jin's strategic multi-asset approach signals confidence in the crypto market.

user avatarLi Weicheng

HYPE Reaches New Heights as Strategic Accumulation by Trader Garrett Jin Gains Attention

chest

HYPE has surged above its previous all-time highs, reaching 65 yesterday, driven by significant accumulation from trader Garrett Jin.

user avatarAisha Farooq

Noah Doe Seeks Legal Ownership of 39,069 Abandoned Bitcoin Wallets

chest

A New York man, Noah Doe, has filed a lawsuit seeking ownership of 39,069 abandoned Bitcoin wallets he discovered using a self-developed algorithm.

user avatarTenzin Dorje

Bank of America Shifts Focus to Bitcoin, Reduces Ethereum Exposure

chest

Bank of America has significantly increased its Bitcoin investments while reducing its holdings in Ethereum and Solana.

user avatarBayarjavkhlan Ganbaatar

Buterin Advocates for Ethereum's Technical Direction

chest

Buterin advocates for Ethereum's technical future, emphasizing censorship resistance, openness, privacy, and security over speed and scalability.

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.