Technology

Noble Bitcoin Launches Cryptocurrency IRA

Today Noble Alternative Investments announced the launch of its newest subsidiary, Noble Bitcoin – which enables individuals to invest in cryptocurrencies with funds from their retirement accounts, such as a 401(k) or IRA.

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Here are a few highlights:

· Noble Bitcoin ensures all IRA investments are kept in “cold storage,” meaning they are stored offline and therefore not subject to cyberattacks

· Allowing individuals to use their retirement accounts to invest in crypto opens the door for both HNW and the average investor to diversity their investment portfolios and hedge against the market

· Noble Alternative Investments started as Noble Gold, helping investors use their retirement funds to invest in gold. Many of Noble’s new crypto investors have been investing in gold for decades.

See below for the press release from the firm

– Noble Bitcoin, a subsidiary of Noble Alternative Investments, announced today the launch of its cryptocurrency business. Noble Bitcoin provides individuals the ability to invest their existing IRS-approved retirement funds such as 401(k)s and IRAs in digital currencies. With Noble Bitcoin, investors can roll over all or a portion of these retirement accounts into cryptocurrency IRAs, commonly known as ‘Bitcoin IRAs,’ which can include one or multiple currencies such as Bitcoin, Ethereum and Litecoin.

Unlike other crypto IRA companies, when investors add cryptocurrency to their portfolio with Noble Bitcoin, their coins are not subject to cyberattacks. Due to Noble Bitcoin’s commitment to security, it ensures all investments are kept in “cold storage,” meaning they are stored offline and deemed by many to be unhackable.

“Cryptocurrencies are poised to upend and revolutionize financial services by increasing the transparency, accuracy and accountability of global transactions,” said Charles Thorngren, CEO of Noble Alternative Investments. “We launched Noble Bitcoin not only to respond to the increased demand for cryptocurrencies, but to help investors understand this new market and provide them a safer means of investing with retirement funds.

Noble Bitcoin is led by Charles Thorngren and Collin Plume, president of Noble Alternative Investments.

“Our team at Noble Alternative Investments has more than 20 years’ experience managing investment in alternative assets,” said Thorngren. “We first launched as Noble Gold, focused on providing investors a vehicle to buy IRA-approved precious metals. Expanding beyond gold and precious metals into the cryptocurrency space was a natural evolution for the company. Many of our gold and bitcoin investors come to us with the same problem – they want to invest off Wall Street and are looking for assets that aren’t reliant on the central banking system. ”

Noble Bitcoin aims to provide a simpler and safer way to invest in cryptocurrencies by taking the confusion and uncertainty out of the purchasing process and personally managing transactions for each client.