iTrustCapital, the leading alternative investment platform specializing in cryptocurrencies and gold individual retirement accounts (IRAs) has reported a significant shift in investment trends in 2020 as it achieved a milestone of over 10,000 transactions. The platform attributes its latest achievement to investors switching from their traditional 401 (k) retirement accounts and securities-focused IRAs to alternative investment options like Bitcoin and Gold.
Commenting on Wall Street’s lack of guarantee of financial security, iTrustCapital Director of Customer Experience Anthony Bertolino III said: “Clients are increasingly frustrated with Wall Street and traditional financial institutions… They feel that investment services existing do not have your best interests in mind. When they ask traditional companies about investing in Bitcoin and physical gold through their retirement accounts, their requests often fall on deaf ears and these companies often offer only mutual funds and bonds. “
Physical gold has always been preferred as a store of value and medium of exchange due to its intrinsic value. Recently, Bitcoin joined the ranks of Digital Gold as it has no direct correlation with traditional financial instruments. The current economic scenario has renewed interest in these two assets, as people try to protect their investments and savings from loss of value gold ira companies reviews .
iTrustCapital has shown strong growth in a very short time. Founded in 2018 by a team of highly experienced professionals, iTrustCapital has created a new class of financial services for investors that are potentially underserved by traditional companies. The financial platform was officially launched at the end of 2019, to soon become one of the reference places for clients who wish to diversify their assets outside the traditional financial system.
“We have built the world’s first IRA platform that not only gives clients the ability to invest in the fastest growing asset class, crypto assets, but also the solid and reliable investment option of physical gold,” said Bertolino. .
Over the past six months, iTrustCapital has witnessed an increase in its median portfolio size, from $ 21,000 in January to more than $ 39,000 in August. The platform allows its clients to buy and sell cryptocurrencies, as well as physical gold in real time, 24 hours a day through their retirement accounts.
“One of the reasons clients feel comfortable with us is that we ensure security and asset storage is our number one priority,” said Bertolino, concurring with the opinion of iTrustCapital’s founder and COO, Blake Skadron. , that the steady growth in portfolio size is due to increased familiarity and acceptability of alternative assets among clients. Investors are also realizing the reliability of technology that enables investments in alternative assets and the security offered by platforms like iTrustCapital in these stressful times.