Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with ETZ Soft, a third-party platform that enables clients to trade and invest directly in cryptocurrency through their self-directed IRAs (SDIRAs). The collaboration, announced by CEO Jaime Raskulinecz, aims to meet growing investor demand for exposure to digital assets within tax-advantaged retirement accounts.
Self-directed IRAs allow account holders to invest in a wide range of alternative assets, including cryptocurrency. ETZ Soft, powered by Coinbase Prime, provides institutional-grade custody and trading. Through the partnership, Next Generation clients can open an account, download the ETZ Soft mobile app, create an IRA subaccount, and begin trading digital assets 24/7. The platform offers access to the top 50 coins as well as tokenized gold.
“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, ensuring compliance with IRS guidelines. All income and expenses must flow through the self-directed IRA account. When a client wishes to trade, funds must come from their Next Generation IRA into the ETZ sub-account; any proceeds after selling assets return to the self-directed IRA.
Seth Bergida, Head of Client Success for ETZ Soft, highlighted the importance of the partnership: “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.”
The move comes as alternative assets like cryptocurrency gain traction among self-directed investors. Next Generation Trust Company, chartered in South Dakota, provides account administration and asset custody for SDIRAs and other self-directed plans. Its sister firm, Next Generation Services, offers additional transaction support. For more information, visit NextGenerationTrust.com.
ETZ Soft, described as a purpose-built platform designed exclusively for SDIRA custodians, requires no tech buildout or integration for custodians. It provides investors with direct 24/7 trading access to over 200 digital assets and full account transparency. Learn more at etzsoft.com.
