Mar 4, 2025

Press Release• Mar 4, 2025 09:00 PST IRVINE, Calif., March 4, 2025 (Newswire.com) - iTrustCapital, an award-winning fintech software platform for alternative assets and industry leader in tax-advantaged crypto IRAs, has launched its first-ever non-IRA product: Premium Custody Account (PCA) . A Solution to Crypto Security Risks For crypto holders, the cyber security threat is real. A single phishing scam, leaked login credentials or malware attack can drain an account on a crypto exchange in seconds. Losing a private key or seed phrase to a crypto wallet can mean being permanently locked out, with no way to regain access. Even centralized platforms pose risks from poor financial practices. Exchanges like FTX misused customer funds, leaving users with massive losses when the company went bankrupt. Without off-balance sheet asset protection, users may unknowingly take on risks beyond their control. These types of vulnerabilities have cost crypto investors billions of dollars, leaving many searching for a safer and better way to buy, sell, and custody their crypto. To address these challenges, iTrustCapital developed a closed-loop system. This means clients can only fund their account with USD, and can only withdraw in USD to their linked U.S. bank account. This system provides a secure and effective solution. "As the crypto space evolves, so do the risks," said Kevin Maloney, Chief Executive Officer at iTrustCapital. "Whether it's the potential risks of exchanges or concerns about the safety of self-custody, we wanted to create a solution that helps reduce risk and alleviates these valid concerns for our clients." Features of Premium Custody Account Closed-Loop System - Premium Custody Accounts only allow USD deposits and withdrawals to and from the account owner's U.S. bank account - it does not allow an account to be funded or withdrawn as digital assets. This feature reduces the risk of an account getting hacked and digital assets being sent to an external crypto wallet. 1:1 Off-Balance Sheet Asset Protection - All client assets are held 1:1, off-balance sheet, with third-party U.S. banks and custodians. Assets are never leveraged, loaned out or commingled with business operations. This ensures that clients retain full ownership of their assets at all times. U.S.-Based Live Client Support - Clients receive U.S.-based live support for account setup, funding, and general inquiries. Unlike platforms that rely on bots with automated responses, iTrustCapital connects clients directly with knowledgeable support specialists to assist with their needs. 24/7 Buying & Selling - Users can buy and sell digital assets anytime, 24/7, 365 days a year. Dozens of Crypto Assets - With a Premium Custody Account, clients can buy, sell, and safely custody dozens of digital assets, including Bitcoin, Ethereum, Solana, XRP, Cardano, Sui, Ondo, and more. Setting a New Standard in Crypto Custody Since its inception in 2018, iTrustCapital has built its reputation on trust, transparency, and innovation. Today, iTrustCapital is a leading fintech software platform for alternative assets known for its strong reputation as a crypto IRA platform, and achieving solid traction in the marketplace, including: Over 250,000 accounts created