**Nathan McCauley** (0:00)
Internet companies don't exist anymore. Every company is an Internet company. And in the same way, every bank is going to become a crypto bank. The trends around stable coins, where every bank is going to want to figure out some way to adopt stable coins, the dollar is the main product of all banks across the country. And so a 10 times better dollar product must be adopted by banks in some way, shape or form.
**Tony Edward** (0:25)
This episode is brought to you by iTrust Capital. iTrust Capital allows you to invest in crypto as well as precious metals like gold and silver via an IRA.
And this gives you huge tax advantages. So you can invest in over 90 crypto assets, including Bitcoin, Ethereum, XRP, Solana, and many more. You also get access to stable coins, such as Circles USDC and Ripples RLUSD.
And as it relates to precious metals, you can invest in gold and silver, and these are the physical assets. So you're not investing in paper gold and silver. So on this platform, you can redeem the gold and silver if you choose to, and not many platforms offer that. Now, the big advantage to investing via iTrust Capital's IRA is the huge tax advantages. Many of you know you incur capital gains taxes when you sell at a gain. Well, you can minimize the effect of some of that by doing it via an IRA, especially if you have a long-term view on crypto, as well as precious metals. And you can buy and sell crypto in precious metals 24-7. It's low cost and no monthly fee. So this is a great option to get exposure to these two great asset classes. And in addition, they have a great custody solution. It's called Premium Custody Account. So it uses institutional-grade crypto custody, such as Coinbase Prime, which BlackRock leverages. iTrust also uses Fidelity Digital Assets, as well as Fireblocks. And it's a closed-loop system. So if someone hacks into your account, they can't withdraw funds. I believe this is the second safest way to custody your assets right behind self-custody, where you control the private keys. And within the custody account, you can buy and sell 24-7. It's low fees. So this is a great option for custody of your assets. And you can sleep at night knowing that you're getting the institutional-grade custodial services. So once again, two great products here from iTrust Capital, the IRA, where you can roll over your existing 401k or IRA to iTrust Capital's version, getting the huge tax advantages and the institutional custody. And folks, if you sign up with my link at itrustcapital.com/go/thinkingcrypto, you can get a hundred dollar funding bonus. I have an account with iTrust Capital. So I encourage you to go check out iTrust Capital, learn about their services and see if it's right for you. Again, you can get a hundred dollar funding bonus by signing up via my link, which is itrustcapital.com/go/thinkingcrypto.
Link will be in the description.
Hey everyone, welcome into the Thinking Crypto Podcast. I'm Tony Edward.
**Amanda Wickroft** (2:52)
And I'm Amanda Wickroft.
**Tony Edward** (2:54)
And joining us is Nathan McCauley, who is the co-founder and CEO of Anchorage Digital, which is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement and the industry's leading security infrastructure. Nathan it's great to have you back on.
**Nathan McCauley** (3:14)
So happy to be here. Thanks for having me on again.
**Tony Edward** (3:17)
Yeah, Nathan, lots happening around Anchorage. You guys continue to lead in many ways in building infrastructure for the crypto industry. So Amanda and I have a lot of questions for you about the latest and greatest.
I would love to kick it off with news that Anchorage Digital is participating as a seed investor in the new JPMorgan OnChain Liquidity-Token Money Market Fund. That's a mouthful. Tell us about this investment and how you'll be supporting this fund.
**Nathan McCauley** (3:43)
Yeah. It's great.
We are big supporters of tokenization generally, and there's a lot of different ways to manifest that. We help support institutions with tokenization. We are the largest crypto custodian right now of tokenized assets. And so we look at any opportunity to both help assets come on the chain and to really be pioneers in that space. And so one of the nice ways to be pioneers of that is to understand it both from a product perspective, but also from a customer perspective. Why not yourself try to hold the asset and use it yourselves? And so in a lot of ways, we...
You know, some places call it dogfooding, dogfooding of a product where you hold yourself so you can understand, say, accounting implications, custody implications, trading implications. And so in many cases, we look at opportunities to do that. And this new fund from JPM is no exception.
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