Looking for SelfDirected IRA firm that Works With Security Token?

[Michael Flight]

Does anyone know of a Self Directed IRA firm that works with Security Tokens? Right now there seems to be a gap in that you can hold real estate and other alternative assets. The crypto IRA firms have plugins for crypto trading but none for SEC compliant Security Token Offerings. Our technology platform services provider has to do them manually and we are looking for a solution.

[Brian Eastman]

@Michael Flight

A checkbook IRA or Solo 401(k) could potentially solve this issue.

In the checkbook IRA, for example, the client's self-directed IRA owns a LLC or trust. The client can then control the LLC and establish one or more financial/platform accounts in the name of the LLC.

This eliminates the limitation you refer to where the IRA custodian's processing capacity cannot handle the transaction.

We have clients who will use that model to directly open an exchange account with Kraken, Gemini, Coinbase, etc. If there is a platform offering the security tokens that could hold an institutional account for a LLC or Trust, that might work for your need.