Earlier this week, Hong Kong-based asset custodian Legacy Trust launched a digital asset-backed pension plan. The company said it is the world’s first digital asset pension plan whose asset portfolio will include cryptocurrencies and traditional investments.
The company has a 27-year track record as a custodian, and the funds are fully compliant with Hong Kong regulations.
Legacy Trust wants to attract investors, employers and employees in the digital asset space with this pension plan. From a tax perspective, pension funds have some exemptions and are a lucrative option for a long-term investment. Legacy Trust clarified that the pension plan will be available to anyone across the world, provided that they are gainfully employed.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
