Crypto.com has entered the U.S. retirement market with the launch of what it calls the first crypto-native mixed-asset Individual Retirement Account (IRA). The new product allows users to hold both cryptocurrencies and traditional securities, such as stocks and ETFs, within a single tax-advantaged retirement account. The offering includes both Traditional and Roth IRA structures, providing investors with a choice between tax-deferred growth or tax-free withdrawals based on eligibility.
The accounts are integrated directly into the Crypto.com app, enabling users to trade cryptocurrencies, stocks, and ETFs without switching platforms. To attract early adopters, Crypto.com is offering aggressive incentives: up to a 5% match on contributions, an uncapped match of up to 2% on transfers and rollovers, and zero account fees for opening, transferring, or maintaining the account.
CEO Kris Marszalek stated the launch is a significant step toward consolidating "financial opportunity" in one place, encompassing both crypto and stocks. The product aims to address a gap in crypto adoption within retirement accounts, which have traditionally been cumbersome and fee-heavy for digital asset exposure.
On the crypto side, accounts can hold Bitcoin (BTC), Ether (ETH), and over 400 additional tokens. Some tokens will also be eligible for staking or lockup programs, allowing users to generate rewards within the IRA, though staking rewards are taxed in the year they are earned according to the company's FAQ.
The launch occurs amidst a broader trend of expanding crypto access in retirement portfolios. In August, a U.S. executive order directed regulators to revisit guidance that discouraged crypto in 401(k) plans, and a subsequent House bill sought to codify this shift. Separately, Morgan Stanley announced in October it would extend access to crypto funds across client accounts, including retirement plans.
Crypto.com's IRA is currently live for U.S. users, with plans to expand to other markets. The company did not disclose custodial arrangements for the stock component or the specific ETFs that will be supported.