Next Generation Trust Company, a full-service account administrator and asset custodian for self-directed IRAs (SDIRAs), has announced a strategic partnership with ETZ Soft, a platform enabling clients to trade and invest directly in cryptocurrency. The collaboration allows Next Generation clients to allocate retirement funds to digital assets through an integrated system that maintains IRS compliance.
Jaime Raskulinecz, CEO of Next Generation Trust Company, emphasized the partnership's focus on improving client experience. 'At Next Generation, we are always looking for ways to improve our clients' investing experience and there are not many platforms with this kind of configuration,' said Raskulinecz. 'I like the ease in which our self-directed investors can allocate a portion of their retirement plan's funds to trade directly on ETZ Soft.'
ETZ Soft serves as a bridge between self-directed retirement plans and cryptocurrencies, providing institutional-grade custody and trading powered by Coinbase Prime. Investors must first open and fund an account at Next Generation Trust Company, then download the ETZ Soft mobile app, create an IRA subaccount with a funds transfer from their self-directed IRA, and start trading digital assets 24/7. The platform offers access to the top 50 coins and tokenized gold.
'Self-directed IRA clients are increasingly seeking exposure to the crypto market as part of a broader alternative asset strategy,' said Seth Bergida, Head of Client Success for ETZ Soft. 'SDIRA providers and custodians need a secure, compliant solution to offer crypto investing for their clients. We are pleased to create this strategic partnership with Next Generation Trust Company to make it easier for their clients to invest in crypto without adding any complexity to Next Generation's operations.'
The integration ensures all income and expenses flow through the IRA to comply with IRS guidelines. When a client trades crypto on ETZ, funds come from the client's Next Generation IRA into the ETZ sub-account; any cash distributions after selling assets return to the self-directed IRA. This structure preserves the tax advantages of the retirement account while enabling exposure to digital assets.
Cryptocurrency is among the many alternative assets allowed in self-directed IRAs, which also include real estate, private placements, and precious metals. The partnership addresses growing demand from investors seeking to diversify retirement portfolios with crypto. For more information on alternative assets, visit Next Generation Trust Company. Details about ETZ Soft are available at etzsoft.com.
