NEW YORK, United States, January 14th, 2025,
Chainwire
The first and only solution for pre-launch tokens to eliminate
capital gains taxes
AnchorZero, a platform enabling founders,
teams, and investors to leverage Roth IRAs for substantial tax
savings and financial growth, today announced the launch of its
digital asset Roth IRA, supporting token warrants, TGE tokens, and
publicly launched tokens, protecting future appreciation and sales
from capital gains taxes. Getting early-stage token interests into
the AnchorZero IRA allows founders to protect themselves from
future capital gains taxation, unlocking billions in potential
savings.
This strategy empowers token founders, employees, and investors
to capitalize on tax-free compounding from the earliest stages of
token creation. As the first platform to enable private tokens and
interests in Roth IRAs, AnchorZero also pioneers support for
onchain operations like staking and governance within American
retirement accounts. Partnering with Anchorage Digital Bank, an
OCC-regulated custodian, AnchorZero provides secure custody and
innovative onchain capabilities, setting a new standard for
integrating digital assets into retirement planning.
“AnchorZero’s Roth IRA is the only financial product
enabling founders to optimize their tax strategy during the
earliest stages of token creation,” said Sunil Abraham, co-founder
and CEO of AnchorZero. “With this product, we’re empowering
innovators to maximize wealth creation while focusing on building
the future of digital assets.”
Until now, the only way to include tokens in an IRA was to wait
until they were listed on a public exchange, by which time their
value had often increased exponentially. AnchorZero’s solution is
the first to support private, pre-launch tokens and derivatives,
ensuring that founders can take advantage of the low-cost basis at
token creation.
Customer demand for AnchorZero digital asset IRAs has been
growing and is expected to accelerate, as AnchorZero anticipates
token launches will multiply amidst a friendlier regulatory
environment.
"AnchorZero is the kind of partner every founder wants
when managing their financial strategies," said Ken Li, Co-Founder
of Eternis and former head of investments at Binance Labs. "Their
team’s expertise and reliability gave me the confidence to trust
them with my founder shares in a Roth IRA. As we explore potential
new directions at Eternis, the prospect of using their digital
asset Roth is very exciting."
To illustrate the potential impact, consider Alice, a crypto
founder launching a new token. At creation, before public trading,
the token’s market cap is a modest $10,000. As a savvy tax
strategist, Alice allocates a portion of the token supply to her
Roth IRA. When she decides to sell, her token interest is worth $50
million, which is entirely tax-free. Had she chosen to forgo the
IRA approach, Alice would have owed $18.5 million in capital gains
taxes, leaving her with $31.5 million—a staggering difference of
millions in tax savings.
AnchorZero’s solution allows investors to reinvest tax-free
gains into new tokens, startups, and venture funds. Over time, the
compounding benefits of the Roth IRA become even more pronounced.
In Alice’s case, her IRA could grow to $815 million over 20 years,
compared to $190 million without the tax advantages.
To learn more about AnchorZero please users can visit https://www.anchorzero.com/.
About AnchorZero
AnchorZero is a cutting-edge fintech company
dedicated to democratizing advanced tax strategies, making them
accessible to everyone. Founded with the vision of transforming the
financial landscape for tech founders, AnchorZero simplifies the
process of placing startup equity into Roth IRAs, offering
significant tax savings and financial growth opportunities.
Supported by prominent investors including Bain Capital Crypto,
Spark Capital, and other notable firms, AnchorZero aims to level
the playing field by providing tools and resources that were once
exclusive to billionaires. With a commitment to safety, innovation,
and customer success, AnchorZero continues to develop tax-focused
products that empower founders and employees to achieve their
financial goals. For more information, users can visit www.anchorzero.com.
Contact
Senior PR
Manager
Kayla
Gill
bcc@serotonin.co