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Prime Trust Unveils Beta For The First API-Supported, All-In-One IRA Solution
Prime Trust, the premier vendor of financial infrastructure for fintech and digital asset entrepreneurs, launched a beta program for Prime Trust Crypto IRA, the first IRA solution
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CIO Applications | Friday, April 01, 2022

Fremont, CA: Prime Trust, the premier vendor of financial infrastructure for fintech and digital asset entrepreneurs, launched a beta program for Prime Trust Crypto IRA, the first IRA solution with a single, seamless API interaction. The new program enables customers to sign up for, establish accounts, and invest retirement assets in cryptocurrency while receiving tax benefits. In addition, Prime Trust's all-in-one financial infrastructure and institutional-grade security back it up completely.
The new Prime Trust Crypto IRA is powered by the company's institutional standard financial API infrastructure, which includes following:
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• compliance, custody, payment rails, cryptocurrency trading, and settlement.
• Traditional and ROTH IRAs with rollover plus transfer capabilities
• Full IRA statements and tax reporting through API
• Digital asset insurance for integrators and their customers via Prime Trust partners
• High-level security, such as a warm-hot storage architecture enabled by MPC technology.
Retirement accounts own more than three-quarters of the wealth in the United States. New generations of investors want more access to high-yield products and more variety in the assets they may invest in, such as tax-free trading of digital assets or other DeFi options.
"Building wealth for the next generation of Americans is a critical component to our economic strength," said Tom Pageler, CEO of Prime Trust. "Millennials and Gen Z are demanding more diversification of their portfolios and opportunities to access the digital economy as they save for the future. Prime Trust is committed to creating accessible, secure, and compliant solutions to fuel the mass adoption of new investment vehicles such as crypto IRAs and the broader world of digital assets."
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