t’s been just revealed that there’s another leading crypto that became available on iTrustCapital retirement accounts.
Yahoo Finance announced that the crypto IRA platform announced on its website that it would be introducing Cardano (ADA) to its list of available assets.
It’s been reported that ADA can be accessed for investors’ IRA and 401k accounts.
Just in case you didn’t know, ADA will join the likes of Bitcoin, XRP, and ETH, as well as LTC, DOT, EOS, and LINK.
Another issue worth noting is that iTrustCapital also allows investors to access precious metals, namely silver and gold, on its platform.
The team issued a Tweet on April 15, announcing the addition of ADA.
Cardano in the news
Just the other day, it’s been revealed that Cardano makes in in the spotlight again following the most recent announcement. Check out the tweet that the foundation dropped.
We are delighted to reveal the #Cardano Token Registry for #On-chain Identifiers. This is one of the first and most important steps in formalizing and supporting our growing ecosystem. Read more here: https://t.co/lA069PCVPm
— Cardano Foundation (@CardanoStiftung) April 15, 2021
The news was received with massive enthusiasm by the community.
The blog post begins with the following, “The arrival of the Mary hard fork event on 1 March 2021 brought with it the ability to create native tokens on Cardano. True to form, our community has not been slow on the uptake of native token functionality.”
The same official post notes that the Cardano Registry 56 is the result of months of planning and discussion on how best to maintain our native token landscape.
The post also notes that the team will explore the role that Cardano Registry will be serving within the whole ecosystem and the reasons for which the Cardano Foundation believes that the Registry is an important initiative for the community.