2min chapter

UpOnly: Chats with Crypto Experts cover image

Meltem Demirors: for Fun, for Profit, & for Learning

UpOnly: Chats with Crypto Experts

CHAPTER

Grasko - The Only Way to Ax as Crypto Through Your Retirement Account

There's a bunch of really cool innovation happening in the asset management space. You can actually have big coin in your retirement account, but hold it on your own hardware viaor cassa multisig slik. E that grasko is the only way to ax as crypto through your retirement account, no longer the case. And then let's not forget about the pseudo ites, micro strategy is effectively, right, an equity.

00:00
Speaker 1
You
Speaker 2
have tona specific type of retirement account. Or iay, right to be able to use the choice ones. Or can you use it an accounts, youar, you
Speaker 1
can use it an counts, yordion. They even have a four o one k offering for corporates. So we m are users of the the big coin for o one k, offered by by choice. And it's pretty red cause you can trade crypto in that account as well. And they rely on our coinshers order books, so you can basically trade through our order book, access to great liquidity. M and so that's been really cool to see. And they're getting tons of people converting their accounts from robin vanguard into choice accounts, cause people want to whold crypto. They also did a really cool thing where they partnered up with cossa, which i'm personally an investor in, where you can actually have big coin in your retirement account, but hold it on your own hardware viaor cassa multisig slik. There's a bunch of really cool innovation happening in the asset management space that's allowing people to hold big coin in a wide variety of ways. E that grasko is the only way to ax as crypto through your retirement account, no longer the case. And then let's not forget about the pseudo ites, micro strategy is effectively, right, an equity. That's the pseudo be coinitieause the primary asset that they own is
Speaker 2
they qoint on their balance but micro strategyis significantly less efficient, right? Because it's trading like if you re enter it to day, because it's trading at such a r premium relative to lectibcon holdings. Ar, ye.
Speaker 1
But it also doesn't have the the
Speaker 2
the fee self, you
Speaker 1
and it's highly liquid, right? But bit again, what this is about is, if you're a retail holder, right? Youu are sensitive to potential for appreciation in fees. The fact that the grasgo product traded a premium was just a market structure anomaly, right? And that anomaly no longer exist.

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