Jaime Raskulinecz, CEO of Next Generation Trust Company, has announced a strategic partnership with ETZ Soft, a platform that allows Next Generation clients to trade and invest directly in cryptocurrency through their self-directed IRAs. This collaboration aims to streamline the process for investors seeking exposure to digital assets within tax-advantaged retirement accounts.
Next Generation, a full-service account administrator and asset custodian for self-directed IRAs, supports alternative assets like cryptocurrency. ETZ Soft, powered by Coinbase Prime, provides institutional-grade custody and trading. Clients first open and fund an account with Next Generation, then download the ETZ Soft mobile app to create an IRA subaccount and start trading digital assets 24/7. The platform offers the top 50 coins and tokenized gold.
Raskulinecz highlighted the ease of use: “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. 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.”
Seth Bergida, Head of Client Success for ETZ Soft, noted the growing demand for crypto in retirement portfolios: “Self-directed IRA clients are increasingly seeking exposure to the crypto market as part of a broader alternative asset strategy and 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.”
In a self-directed IRA, all income and expenses must flow through the account to comply with IRS guidelines. When clients trade crypto on ETZ, funds come from their Next Generation IRA into the ETZ sub-account; proceeds from sales return to the self-directed IRA. This structure ensures tax compliance while enabling direct investment.
The partnership addresses a key barrier for self-directed IRA investors who previously faced complex processes to include crypto. By integrating ETZ Soft, Next Generation provides a seamless solution that maintains regulatory compliance. For more information on alternative assets, visit NextGenerationTrust.com. Details about ETZ Soft are available at etzsoft.com.
Next Generation Trust Company, chartered in South Dakota, offers custody and administration for self-directed plans. ETZ Soft, designed for SDIRA custodians, provides secure access to over 200 digital assets with 24/7 trading and institutional-grade storage on Coinbase Prime.
