Summary List Placement
Cryptocurrencies are more than just a way to make a quick profit for a growing number of millennials who are looking to add the likes of bitcoin to their retirement portfolios, so they can continue to reap the benefits of this asset class long after today’s meme-like hype has faded.
“We’re not selling bitcoin through retirement accounts, we’re selling retirement accounts to bitcoiners,” Ryan Radloff, chief executive office of Kingdom Trust, told Insider. Radloff, who helped found Coinshares, one of the world’s largest digital asset managers, said he saw a gap in the market for the 7.1 million bitcoin owners.
“My co-founders who started CoinShares over in Europe, we understand exactly where our market is … So effectively, I think a lot of it is just telling them that “Guys, hey, I’ve been with you since 2012 before bitcoin was a hundred dollars. Guess what? There’s a tax-efficient way of…