Exciting news! Roxom has just revealed the upcoming launch of the first-ever capital market platform operating in Bitcoin. This innovative platform will offer a range of trading options, including spot and derivatives trading, all conducted in Bitcoin. The introduction of this system will enable the trading, pricing, and settlement of global assets like equities and futures entirely in Bitcoin.
The Future of Financial Trading in Bitcoin
Bitcoin Treasuries: The Game Changer
In a recent press release, Roxom's Co-founder and CEO, Borja Martel Seward, expressed the significance of their Bitcoin Treasuries Product launch in September. This flagship Spot product will provide users with access to leading public companies holding substantial Bitcoin reserves, such as Strategy, Metaplanet, and Nakamoto, all on a single exchange.
Simplifying Access to Bitcoin Treasury Stocks
Removing Barriers for Bitcoin Holders
By eliminating the complexities associated with fiat conversions and third-party brokerages, Roxom's platform aims to streamline the process for Bitcoin holders seeking exposure to these assets. This move aligns with a broader trend of companies integrating Bitcoin into their treasury strategies, exemplified by industry leaders like Michael Saylor and Strategy.
Centralizing Bitcoin-native Businesses
Unlocking New Opportunities
Roxom's platform will consolidate access to companies like The Smarter Web Company, Semler Scientific, XXI Cap, and more, which have embraced Bitcoin as a core component of their treasury management. This consolidation will bring these companies, currently dispersed across traditional exchanges, together in Bitcoin terms, offering a unified platform for investors.
Institutional Support for Bitcoin Financial Tools
Fueling Growth and Innovation
Roxom recently secured $17.9 million in funding, with support from prominent firms like Draper Associates, Borderless Capital, Ego Death Capital, and Kingsway Capital. This backing underscores the increasing institutional interest in developing financial instruments that operate entirely within the Bitcoin ecosystem.
Disclosure: Nakamoto collaborates with Bitcoin Magazine’s parent company BTC Inc to establish the first global network of Bitcoin treasury companies, with BTC Inc providing specific marketing services to Nakamoto. For further details, visit the official source.
For more details, check out the original article on the Bitcoin Magazine website.
Frequently Asked Questions
How to open a Precious Metal IRA
An IRA to hold precious metals can be opened by opening a Roth Individual Retirement Account (IRA) that is self-directed.
This account is better compared to other types because you don’t need to pay any taxes until you withdraw the investments.
People who are looking to save money and still need a tax break will find it attractive.
You are not limited to investing in gold or silver. If it meets the IRS guidelines, you can invest in any asset that interests you.
While most people associate precious metals with silver and gold, there are many types of precious metals.
Some examples include palladium, platinum, rhodium, osmium, iridium, and ruthenium.
There are many ways that you can invest precious metals. The two most popular options include buying bullion coins and bars and purchasing shares of mining companies.
Bullion Coins & Bars
The easiest way to invest in precious materials is to buy bullion coins or bars. Bullion is a general term that describes physical ounces, or physical gold and silver.
Bullion bars and coins can be purchased to receive actual pieces.
While you might not feel any change when you buy bullion coin bars or coins from a retailer, you will experience some benefits over time.
This is an example of a tangible piece in history. Every coin and every bar has a unique story.
It is often worth less than its nominal price if you examine the face value. In 1986, the American Eagle Silver Coin was $1.00 per ounce. The price of an American Eagle is now closer to $40.00 a ounce.
Many investors prefer bullion coins and bullion bar to futures contracts because of the dramatic increase in bullion's value.
Mining Companies
Investing in shares of mining companies is another great option for those looking to buy precious metals. You invest in the company's ability produce gold and silver when you buy shares of mining companies.
You will get dividends based off the company's profits in return. These dividends will be used to pay shareholders.
Furthermore, the company has the potential to grow. The company's share prices should also increase as demand increases for the product.
It is crucial to diversify your portfolio because these stocks are subject to price fluctuations. This involves spreading your risk over multiple companies.
But, remember that mining companies, like all stock market investments, are susceptible to financial loss.
If gold prices drop significantly, your share of ownership could be worthless.
The bottom line
Precious metals like gold and silver can provide safety during economic uncertainty.
But, silver and gold can be subject to price swings. A precious metals IRA account is a good option for long-term investment.
This allows you to benefit from tax advantages and physical assets.
What are the best ways to choose an IRA.
The first step to finding an IRA for you is understanding your account type. This includes whether your goal is to open a Roth IRA (or a traditional IRA). Also, you should know how much money is available for investment.
The next step in determining the right provider for your situation is to decide. Some providers offer both, while others can only provide one type of account.
Last, consider the fees associated to each option. There may be annual maintenance fees, as well as other fees. Fees for each provider can vary widely. For example, some providers charge a monthly fee based on the number of shares you own. Others will only charge once a quarter.
How do I Withdraw from an IRA of Precious Metals?
If you have a precious metal IRA account such as Goldco International Inc., it may be worth considering withdrawing your funds. This will ensure that your metals are worth more than if they were in an account with a precious metal IRA company like Goldco International Inc.
Here's how to withdraw your precious metal IRA money.
First, determine whether the precious metal IRA provider allows withdrawals. Some companies offer this option while others do not.
Second, you should determine if your metals are tax-deferred. Most IRA providers offer this benefit. However, some don't.
Third, make sure to check with your precious metal IRA provider if there are any fees associated with these steps. Extra fees may apply for withdrawals.
Fourth, you should keep track of precious metal IRA investments for at minimum three years after they are sold. To put it another way, you should wait until January 1st every year to calculate capital gains from your investment portfolio. Then file Form 8949, which provides instructions for calculating the amount of gain you realized.
In addition to filing Form 8949, you must also report the sale of your precious metals to the IRS. This will ensure you pay taxes on all the profits that your sales generate.
Consider consulting a trusted attorney or accountant before selling your precious metals. They will ensure you are following all the procedures and avoid making costly mistakes.
Can I take physical possession of gold in my IRA?
Many people wonder if they are allowed to possess physical gold within an IRA account. It is a valid question, as there is no legal way to possess gold in an IRA account.
If you take a closer look at the law, there is nothing that can stop you from having gold in your IRA.
The problem is that most people don't realize how much money they could save by putting their gold in an IRA instead of keeping it in their own homes.
It's easy for gold coins to be thrown away, but it's much more difficult to keep them in an IRA. If you decide to keep your precious metal in your own home you will have to pay two taxes. Once for the IRS and once for the state where you live.
Of course, you can also lose your gold in your house and pay taxes twice. Why would you want it to stay in your home?
You might argue that you need the security of knowing that your gold is safe in your home. However, to guard yourself against theft, it is worth considering storing your gold in a more secure location.
If you plan on visiting often, you shouldn't leave your precious gold at home. Thieves can easily steal your gold if you don't keep it safe.
You can store your gold in an insurance vault. You can rest assured that your gold is safe from theft, fire, earthquake, flood, and other hazards.
Another advantage to storing your gold in a vault is that you won't have to worry about paying property tax. Instead, any gains that you make by selling your gold will be subject to income tax.
An IRA is a way to avoid paying taxes on gold. With an IRA, you won't have to pay income tax even though you earn interest on your gold.
Capital gains tax doesn't apply to gold. That means you have the right to cash your investment at whatever time you choose.
Federally regulated IRAs mean that you won't face any difficulties in transferring your gold to another bank if it moves.
The bottom line is that you can own gold in your IRA. Fear of losing it is the only thing that will hold you back.
Are precious metal IRAs a good way to invest?
It all depends on your willingness to take the risk of an IRA account losing its value. If you have $10,000 cash, they make sense as long as you don’t expect your IRA account to grow rapidly. They may not be the best investment option for you if your goal is to save money over many decades and to invest in assets with a high likelihood of increasing in value (gold). They can also come with fees that could cut into any gains.
What precious metals are permitted in an IRA
Gold is the most popular precious metal for IRA accounts. Also available as investments are bars and bullion gold coins.
Precious metals are considered safe investments because they don't lose value over time. They're also considered a great way to diversify an investment portfolio.
Precious Metals include palladium, silver, and platinum. These metals all share similar properties. Each metal has its own use.
In jewelry making, for instance, platinum is used. For the creation of catalysts, palladium can be used. Silver is used to producing coins.
It is important to consider how much money you are willing to spend on your precious metals when making a decision about which precious material to choose. It might be cheaper to buy gold at a lower price per ounce.
Also, think about whether or not you wish to keep your investment secret. If you are unsure, palladium is the right choice.
Palladium is more expensive than gold. However, it is also rarer. This means you might have to spend more.
When choosing between gold or silver, another important aspect is the storage fees. Gold is measured by weight. If you have larger amounts of gold to store, you will be charged more.
Silver is stored by volume. Therefore, smaller amounts of silver will cost less.
You should follow all IRS rules if you plan to store precious metals in an IRA. You must keep track of all transactions and report them to the IRS.
Statistics
- To qualify as IRA allowable precious metals and be accepted by STRATA, the following minimum fineness requirements must be met: Gold must be 99.5% pure, silver must be 99.9% pure, and platinum and palladium must both be 99.95% pure. (stratatrust.com)
- If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal so that you would owe income tax on the item's value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)
- SEP-IRA”Simplified employee pension” For self-employed people like independent contractors, freelancers, and small-business ownersSame tax rules as traditional IRASEP IRA contributions in 2022 are limited to 25% of compensation or $66,000, whichever is less4. (sltrib.com)
- The IRS also allows American Eagle coins, even though they do not meet gold's 99.5% purity standard. (forbes.com)
External Links
takemetothesite.com
wsj.com
forbes.com
- Gold IRA, Add Some Sparkle to Your Retirement Nest egg
- Understanding China's Evergrande Crisis – Forbes Advisor
kitco.com
How To
How to Buy Gold To Your Gold IRA
The term precious metal refers to gold, silver, palladium and rhodium. It refers to any naturally occurring element with atomic numbers 79 through 110 (excluding helium), which is considered valuable because of its rarity and beauty. The most common precious metals are gold and silver. Precious Metals are often used for money, jewelry and industrial goods.
Gold's price fluctuates each day due to supply/demand. In the past decade, there has been a huge demand for precious metals as investors seek safe havens from unstable economies. Prices have risen significantly due to this increased demand. But, investors in precious metals are becoming more cautious due to rising production costs.
Gold is a solid investment as it is both rare and long-lasting. Like many investments, gold doesn't lose value. You can also sell or buy gold without paying any taxes. There are two ways you can invest in gold. There are two ways to invest in gold: buy gold bars and coins; or, you can invest directly in gold futures.
You can instantly have liquidity with physical gold bars and coins. They are easy to trade and keep. However, they are not very inflation-proof. You can protect yourself against rising prices by purchasing gold bullion. Bullion is physical, or pure gold. Bullion comes in a variety of sizes, including kilo bars and one-ounce pieces. Bullion is normally stored in vaults that are fire- and theft-resistant.
Gold futures can be a great way to buy shares rather than actual gold. Futures allow you to speculate as to how the gold price will change. You can purchase gold futures to get exposure to the gold price, but not the actual commodity.
For example, if I wanted to speculate on whether the price of gold would go up or down, I could purchase a gold contract. My position when the contract expires is either “long”, or “short”. A long contract indicates that I believe the price for gold will rise. Therefore, I'm willing give money to someone now in exchange of the promise that I will get more money after the contract ends. A shorter contract would mean that I believe the gold price will fall. I'm willing now to accept the money in exchange for the promise of making less later.
I'll get the contract's specified amount of gold plus interest when it expires. This way I have exposure to the gold's price without having to actually hold it.
Because they are extremely difficult to counterfeit, precious metals make great investments. Precious metals are more difficult to counterfeit than paper currency. This is why precious metals have always held their value well over time.
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By: Oscar Zarraga Perez
Title: Revolutionary Bitcoin Denominated Capital Market Platform Launching Soon by Roxom
Sourced From: bitcoinmagazine.com/news/roxom-announces-launch-of-bitcoin-denominated-capital-market-platform-in-september
Published Date: Tue, 15 Jul 2025 14:00:00 +0000
