I have an old IRA that I don’t pay much attention to. I thought about cashing it out but the tax load to do that was too much for me to stomach. So then I thought about investing it in crypto.
But that turns out to be pretty hard.
I think there is an opportunity out there for a crypto brokerage to offer IRAs or an IRA custodian to offer crypto, or both.
Given the tendency for many investors to buy and hold crypto, it would lend itself to a long term investment product like an IRA.
Seems like an opportunity to me.