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 Fireblocks and Coinbase Custody.

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.