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Noble Bitcoin Announces Insured Cryptocurrency Storage
Traders Magazine Online News, April 19, 2018
Noble Bitcoin, a provider of cryptocurrency IRAs and a subsidiary of Noble Alternative Investments, announced it is providing insured cryptocurrency storage. The insured cold storage offering is available to Noble Bitcoin clients and requires that assets be securely held in the International Depository Services Group depository in Texas.
Cryptocurrency assets provide investors a method to diversify their portfolios outside of the traditional stock market, however the current landscape offers investors little protection or transparency. Noble Bitcoin’s insured storage provides investors the opportunity to invest in this emerging asset class while maintaining peace of mind that their investments will not be hacked or prevented from being withdrawn. This service offering is tailored to investors that want to invest in cryptocurrencies but don’t want to compromise the personalized service of a broker-dealer. Noble Bitcoin removes the restrictions and hassle of online exchanges and manages the transaction from start to finish, including everything from paperwork and setup, to the purchase and delivery of assets to an investor’s wallet.
“The current cryptocurrency exchanges and companies that make up the landscape provide no insurance, no location and often no support, this is the piece of ‘service’ that is missing in the financial services aspect of cryptocurrencies,” said Charles Thorngren, CEO of Noble Alternative Investments. “Fulfilling our commitment to providing objective and sound guidance, we wanted to offer our clients the hands-on support, service and security they receive at traditional institutions while affording them the opportunity to expand into alternative asset classes.”
Cryptocurrencies stored through Noble Bitcoin are held in cold storage, meaning they are housed offline, within a vault in the secure IDS-Texas depository. Investors utilizing Noble Bitcoin as their custodian are afforded the privilege of using the state-of-the-art, high-security facility which features segregated storage, electronic security, internal control and customer protections. The depository will store traditional and IRA-approved cryptocurrency assets, including Bitcoin, Ethereum, Litecoin and Ripple. Additionally, the depository securely stores precious metals such as gold, silver, platinum and palladium.
“We believe cryptocurrencies will revolutionize financial services, but in order to reach broader acceptance among the masses it is crucial that we emphasize transparency and trust,” said Thorngren. “We saw an opportunity to change the tide of uncertainty amongst investors by offering them a service that was absent from the market – a secure way to invest in cryptocurrencies. We hope that by leading by example we can encourage other cryptocurrency providers to offer greater transparency and take more responsibility for the services they are providing.”
Noble Alternative Investments is the parent company of Noble Bitcoin and Noble Gold Investments, this umbrella of services allows Noble Alternative Investments to effectively serve and meet the alternative investment needs of high-net-worth and ultra-high-net-worth clients under one roof.
About Noble Bitcoin:
Noble Bitcoin, a subsidiary of Noble Alternative Investments, specializes in providing clients with secure and hassle-free access to cryptocurrencies through retirement investment vehicles. The firm believes access to alternative investments such as precious metals and cryptocurrencies is essential to provide clients the means of truly diversifying investment portfolios and hedging against turbulent markets. The Noble Bitcoin team has an acute understanding of the importance of owning digital currencies in a modern economy. With a Noble Bitcoin retirement account, clients are able to invest directly in Bitcoin and other altcoins using existing 401(k) and IRA funds. Learn more about Noble Bitcoin at https://noblebitcoin.com
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