Monday March 08, 2021
Bitcoin (BTC) $51,259.00   Ether (ETH) $1,737.86
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Investment Management

Hong Kong’s Legacy Trust launches digital asset pension service

Published by CryptoNinjas.net
09/04/2019
Hong Kong's Legacy Trust launches digital asset pension service

Hong Kong-licensed Legacy Trust Company Limited, announced today it is launching a digital asset pension plan service; a voluntary pension plan available to employers and the self-employed, where the contributions and underlying asset portfolio can include digital assets alongside fiat currencies.

The digital asset pension is structured as a non-vested trust, it’s fully compliant with Hong Kong regulations and it’s available to members residing anywhere in the world, provided that they are gainfully employed.

The pension is funded by voluntary contributions made by an employee, employer or deducted directly from a salary, on a frequency of their choice. It is then paid out when the member retires, or to their beneficiaries should they pass.

“We envisage that this will appeal to businesses who are active in the digital assets space, and who want to offer additional benefits to their employees to retain talent and recognize achievement,” said Vincent Chok, CEO of Legacy Trust. “What better way to drive employee loyalty while allowing valuable staff to participate in the growth of the company and the digital asset space?”

The new product addresses various tax concerns for digital assets holders, and eliminates the temptation to sell during price dips thanks to limitations on accessing the capital assets. Legacy Trust, founded in 1992, was initially established as a traditional pension and family trustee, bringing experience in providing institutional-grade service and security to the emerging space of digital assets.

Legacy recently collaborated with Ledger on an institutional-grade digital asset solution– Ledger Vault and offers custody to TrustToken’s TrueHKD stablecoin reserves.

FacebookTwitterLinkedinRedditE-MailTelegram
Source: Legacy Trust

Related News

Legacy Trust launches separate crypto custodian business: First Digital Trust
Blockchain Assets

Legacy Trust launches separate crypto custodian business: First Digital Trust

09/11/2019
Beyond hot and cold wallets: what it means to secure digital assets
Blockchain Assets

Beyond hot and cold wallets: what it means to secure digital assets

04/28/2019
Asset manager Legacy Trust integrates blockchain ID solution Blockpass
Vendor Technology

Asset manager Legacy Trust integrates blockchain ID solution Blockpass

02/27/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version