Savings Accounts News

A retirement investment platform offers exposure to cryptocurrencies for a 401(k) — and says these plans offer compelling tax advantages.

A platform says it wants to be more than a crypto exchange for its customers, and has launched a new service that enables them to grow their digital assets.

“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect,” said Hany Rashwan, CEO of 21Shares.

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June.

The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game.