Can I hold my digital assets in my personal wallet? Can I hold my digital assets in my personal wallet?

Can I hold my digital assets in my personal wallet?

Contributor Contributor

Assets in your self-directed IRA on our platform may not be held in your personal wallet.  IRS regulations require that IRA accounts are held by a custodian.

iTrustCapital is a software platform that utilizes a third-party Qualified Custodian, Fortis Bank, to custody client assets. As Qualified Custodian, it holds client assets in individual retirement accounts solely for the benefit of each client. 

Through our Qualified Custodian, Fortis Bank, iTrust Custodial Services utilizes proprietary technology to custody digital assets, working with some of the most respected names in crypto for digital asset institutional storage. The names of these partners will be announced soon.

Highlights include:

  • Multi-Party Computation (MPC)
  • Offline Cold Storage
  • Providers undergo regular security and financial audits by external firms and have been awarded SOC 2 Type II certifications
  • Commercial Crime Insurance Policy

Client assets are never mixed with operating funds and therefore are not available to satisfy the obligations of iTrustCapital or its custodian.