Bridgecoin Capital Launches Tax-Efficient Crypto Gain Deferral Pl
Bridgecoin Capital has unveiled a groundbreaking lending platform that could reshape the landscape of crypto investment. This innovative platform, born from a collaboration between real estate and crypto experts, aims to address the challenge of crypto capital gains taxation by leveraging traditional real estate assets.
In the midst of a cryptocurrency market valued at over $500 billion and a towering real estate market worth more than $3 trillion, Bridgecoin Capital’s solution takes aim at the tax implications arising from the $163 billion in crypto gains during the recent market surge. The platform provides a regulated process wherein users can use their crypto holdings as collateral to secure cash loans, bypassing the capital gains tax burden. These borrowed funds are then allocated into real estate investments that yield interest over time.
Joey Billet, Co-Founder and CEO of Bridgecoin, highlighted the significance of the platform, noting that “our approach avoids tokenization, instead opting for borrowing crypto at a flat interest rate, providing stability backed by tangible real estate assets.”
Bridgecoin’s platform places a strong emphasis on regulatory compliance. Customers undergo a Know Your Customer (KYC) process, and the collateralized loan assures a predictable USD return at the end of the lockup period, maintaining a consistent Annual Percentage Yield (APY) throughout. The launch of this platform intends to steer crypto gains towards more strategic investments while maintaining transparency and adherence to compliance standards.
The Bridgecoin team brings together experts well-versed in both commercial real estate and cryptocurrency sectors. Since 2018, they have championed the integration of blockchain technology into the real estate domain. This initiative serves as a countermeasure against risks associated with non-compliant ventures. It offers crypto investors a channel to direct unrealized gains into tangible real estate assets, unlocking the tax advantages synonymous with debt investment.
This introduction of Bridgecoin Capital’s innovative platform marks a significant convergence of cryptocurrency and traditional real estate strengths, opening new avenues for the evolving financial landscape.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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