Today, new financial opportunities are arising more quickly than ever before, prompting accredited investors and family offices “to seek innovative methods to grow and protect their wealth.” This, according to an update from CoinList.
As cryptocurrency gains mainstream acceptance, CoinList explains that investors are increasingly “recognizing its potential to diversify their portfolios.”
According to BNY Wealth, 39% of family offices “are either currently invested in crypto or interested in investing.”
One opportunity that stands out is crypto staking, “whereby investors lock up their digital assets for a given period of time to support blockchain networks to obtain passive growth on their assets in the form of additional crypto rewards.”
CoinList further noted that crypto staking “has unfortunately received scrutiny over the past few years, with the SEC bringing lawsuits against major crypto businesses such as Kraken and Coinbase for offering staking as a service for their users.”
At CoinList, they claim to have “created a unique and compliant solution for crypto staking by launching a family of funds that do the actual staking.”
Accredited investors in the United States are “able to earn rewards through investment in our funds whose strategy is to stake digital assets.”
Some ways staking crypto with CoinList is “advantageous for accredited investors in the United States:
Operational Expertise
Staking cryptocurrencies individually “can be a complex and risky process involving wallets, validators, unlocking periods, and potential penalties.”
By staking through CoinList, you can benefit “from their expertise and infrastructure, minimizing security risks associated with self-staking.”
Here are some ways CoinList claim to reduce these risks:
- They claim to stake funds with institutional-grade custodians.
- They secure funds in cold wallets, reducing exposure to cyber attacks and other malicious actors.
- They require multiple approvals for every transfer.
By incorporating staking into “an investment portfolio, you can access a new class of assets that offer potential for passive growth of digital assets, and can help spread risk across both traditional and digital assets.”
Within their family of funds, they offer multiple staking opportunities, “reducing the risk of relying on a single staking asset or platform.”
Their family of funds are said to be structured “for tax efficiency, but it is essential to consult with your tax advisor for specific guidance regarding your individual situation.”
Their staking funds currently “support Mina (MINA), Solana (SOL), Near (NEAR), Ethereum (ETH), and Sui (SUI), with more assets to come in the near future.”
They are able to add assets upon request “from accredited investors, as long as the assets are PoS tokens that align with their service providers.”
