AnchorZero Unveils Tax-Protective Solution for Tokens

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Sees Significant RWA Inflows

chest

Solana has recorded $348 million in net inflows of real-world assets over the past 30 days, increasing its tokenized RWA value to $720 million.

user avatarMaria Gutierrez

Aave Governance Considers Emergency Powers to Protect Users

chest

Aave governance is considering a proposal to grant emergency powers to guardians to freeze vulnerable lending pools during security threats.

user avatarDavid Robinson

Router Protocol Users Must Move Assets During Grace Period

chest

Router Protocol users must take action during the grace period to bridge assets back to origin chains before relayer nodes are disconnected.

user avatarJacob Williams

Arbitrum Proposes Disqualification of Three DeFi Protocols from Future Grants

chest

A new governance proposal by Arbitrum aims to disqualify three DeFi protocols from future DAO grant allocations due to alleged reporting failures and misuse of prior incentives.

user avatarAndrew Smith

Router Protocol to Shut Down Crosschain Network and Burn 303 Million Tokens

chest

Router Protocol has announced a deprecation plan to shut down its crosschain messaging network and burn 303 million ROUTE tokens due to unsustainable maintenance costs.

user avatarZainab Kamara

Ripple Partners with Florida Athletics to Introduce Digital Asset Payments

chest

Ripple has partnered with Florida Athletics to allow fans to use XRP and RLUSD for ticketing and merchandise, enhancing payment experiences and promoting digital asset adoption.

user avatarSon Min-ho

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.