Miami-based startup Dorado is launching a new

MIAMI, FL, May 09, 2022 (GLOBE NEWSWIRE) — Miami-based startup Dorado is launching the first-of-its-kind crypto-native IRA software platform that will deliver returns on digital assets in retirement accounts. The company will provide a retirement platform where customers can open an IRA and trade themselves or stake in the cryptocurrency of their choice. Dorado partners with Prime Trust to deliver these innovative offerings backed by its institutional-grade custody and security solutions.

Investing in digital assets through retirement accounts has been complicated, inefficient, and expensive through traditional means. The changing financial landscape is forcing the cryptocurrency and retirement community to demand a better solution. Dorado’s software combines transparency and technology to allow users to self-trade, earn yield, and securely store digital assets in traditional or ROTH IRAs, or defer a 401(k).

Dorado’s IRA software will focus exclusively on crypto and digital assets. Scheduled to launch in August this year, the company offers investors the opportunity to invest, earn returns, and securely store cryptocurrencies in an IRA. Dorado bridges a gap between the over $20 trillion in retirement savings and the digital asset ecosystem.

Dorado offers users the ability to own and explore digital assets in a transparent and compliant way. By purchasing digital assets through their IRA, clients can gain exposure to a new asset class, diversify their retirement savings portfolios, and trade within the platform tax-free.

Dorado will be community-focused and educational, creating a place where investors of all experience levels can learn and invest. “If we’ve learned anything from the massive adoption and investment in digital assets over the past decade, it’s that investors today value community and education,” said Gabriele Galli. , co-founder and CEO of Dorado. “Retirement savings accounts like IRAs are among the most powerful tools investors have to grow their nest egg, and Dorado provides the space and technology for users of all experience levels to learn , to grow and to invest.”

“The combined expertise of Dorado and Prime Trust will provide a new standard for what an IRA should offer clients,” said Edward Chernick, director of institutional sales at Prime Trust. “As U.S. investors continue to embrace cryptocurrency in their portfolios, Dorado’s offerings will create new opportunities for those using self-driving retirement services and help them better navigate the evolving financial ecosystem.”

Prime Trust is a financial infrastructure provider, offering a variety of different solutions that power major crypto exchanges, NFT creators, digital wallets, alternative trading systems, RIAs, brokers, crowdfunding platforms and neobanks. This will give Dorado the engine to provide its customers with on-platform access to crypto so they can trade their assets safely and securely.

Join the Dorado Waitlist and earn rewards and benefits for being an early adopter. Learn more about Dorado’s offerings at http://doradoira.com

About Dorado

Dorado is a platform and community where people can create crypto-friendly retirement accounts and diversify their retirement savings into digital assets. Dorado’s mission is to make investing in all types of digital assets with retirement savings simple, easy, and transparent. Visit us at http://doradoira.com.

About Prime Trust

Prime Trust drives innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure. With a comprehensive suite of APIs, we help customers build seamlessly, launch quickly, and scale securely. Regulated by the State of Nevada, Prime Trust processes hundreds of millions of API calls and settles billions of dollars in transactions per month. The Prime Trust team has extensive regulatory and financial services experience from the OCC, SEC, Federal Reserve, US Department of Justice, US Treasury/Secret Service, JPMorgan Chase, from Green Dot, American Express, PNC, Bank of America and Visa. The company is recognized by Forbes as one of America’s Top Startup Employers 2022 and is also a 2022 Great Place to Work-Certified™. Prime Trust was also named to the CB Insights Blockchain 50 for 2022. Visit us at www.primetrust.com and connect with us on the following social links:

LinkedIn: https://www.linkedin.com/company/primetrust/

Twitter: https://twitter.com/PrimeTrustCo

Facebook: https://www.facebook.com/PrimeTrustLLC

Media Contacts

Brand: Dorado IRA

Email: [email protected]

Website: http://doradoira.com

THE SOURCE: Dorado IRA

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