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Crypto.com introduces IRA accounts supporting both crypto and stocks

Crypto Briefing
Crypto.com launched Crypto.com IRAs in the US, allowing users to invest in over 400 digital assets and 12,000 stocks in one platform.

Summary

Crypto.com has launched Crypto.com IRAs, its initial retirement accounts available to US users, which uniquely integrate investments in both cryptocurrencies and stocks on a single platform. These accounts support both Traditional and Roth IRAs, offering access to over 400 digital assets and more than 12,000 stocks and ETFs via the mobile application. Kris Marszalek, co-founder and CEO, stated the goal is to allow consumers to build their future using the best investment products across crypto and stocks seamlessly. Account holders can benefit from matching contributions up to 5% on new deposits and up to 2% on transferred funds, with no fees for opening, transferring, or maintaining the account. Furthermore, users can stake eligible tokens within their retirement holdings, with rewards deposited directly into the tax-advantaged account. This launch aligns with recent regulatory developments aimed at easing barriers for holding digital assets in retirement portfolios.

(Source:Crypto Briefing)