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 custodian to custody client assets. The custodian is a regulated state-chartered trust company. As custodian, it holds client assets in individual retirement accounts solely for the benefit of each client. 

The custodian utilizes proprietary technology to custody digital assets, including a variety of proven, secure digital asset storage solutions. Highlights include:

  • Institutional-grade offline storage (cold storage)
  • Multi-Party Computation (MPC)
  • Providers undergo regular security and financial audits by external firms and have been awarded SOC 1 Type II and/or SOC 2 Type II certifications
  • Commercial crime insurance policies

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