Regal Assets teamed up with Kingdom Trust and Coinbase to offer fully insured Bitcoin and Crypto IRA and 401(k) accounts. The insurance protection covering them is over USD200 million and inlcudes customer support and diversification opportunities. Regal assets currently offers the following cryptocurrencies in Crypto IRA accounts: ALGO, BAT, BTC, BCH, BSV, CVC, DAI, DASH, DNT, EOS, ETH, ETC, GNT, LINK, LOOM, LTC, MANA, MKR, REP, USDC, XLM, XRP, XTZ, ZEC, ZIL, ZRX.
“Clients make all the decisions themselves when it comes to digital asset selections and allocation, but do have the option of guidance by connecting with their dedicated account manager,” said Tyler Gallagher, CEO of Regal Assets, who has been running the company since 2009.
Regal Assets became the first company to offer an extensive list of cryptos in a retirement account. “We are very excited about this announcement. Current Bitcoin IRA and Crypto companies only offer Bitcoin and a few other digital assets that are not insured. With our new structure, we will be offering the largest collection of digital assets in America.” Tyler Gallagher, CEO of Regal Assets states.
Lloyd’s of London is the company insuring those accounts and making sure no hacking takes place. “We understand that people are reluctant to invest any significant sum of money in a Bitcoin and Crypto IRA due to the risk of hacks, or identity theft. Therefore, we partnered up with one of the leading insurance firms in the world, namely Lloyd’s of London, to ensure that all of our client accounts are totally covered and protected,” added Mr. Gallagher.