#United States #New York #Swan Bitcoin #Bakkt #Bitcoin IRA

Swan Bitcoin Launches in New York

Swan Bitcoin, recognized as America's leading Bitcoin wealth platform, has officially launched its services in New York. This initiative positions Swan as the first Bitcoin-only company to deliver a comprehensive range of services to residents in one of the world's foremost financial capitals. With this launch, the company aims to provide New Yorkers with secure options for Bitcoin investment and custodial services, all within a regulated framework.

Comprehensive Wealth Services

Swan Bitcoin offers a full suite of services tailored to Bitcoin investors. This includes purchasing Bitcoin, custody solutions, and unlimited withdrawals to self-custody. Moreover, Swan boasts other features like Swan Private, Swan Vault, Swan IRA, and asset-backed loans. These services are designed to empower individuals to build long-term wealth through Bitcoin while receiving guidance from industry experts.

Swan emphasizes its commitment to security and user-friendly processes. Clients can make complimentary withdrawals for transferring Bitcoin to their self-custody accounts. The seamless transition from purchase to self-custody or shared custody with Swan Vault is a testament to Swan's dedication to facilitating a smooth user experience.

Leadership and Partnership Highlights

Expressing his enthusiasm for the launch, Swan Bitcoin's CEO Cory Klippsten stated, “We are thrilled to bring Swan's products and services to the Empire State. New York, as the hub of global finance, deserves a partner that represents authentic Bitcoin and real value.” This launch marks a significant step in providing robust Bitcoin services to a growing investor base in the region.

In addition, Swan Bitcoin has formed a partnership with Bakkt, a New York Department of Financial Services (NYDFS)-regulated provider of crypto trading solutions. This collaboration will allow Swan to leverage Bakkt’s secure and scalable infrastructure, benefiting investors with compliant services while engaging with Bitcoin. Akshay Naheta, Bakkt's CEO, highlighted the partnership's ability to enhance service delivery for New York investors, ensuring they receive a secure and compliant experience.

Robust Security Measures

Swan Bitcoin prioritizes the security of its clients' assets, implementing features under its Swan Guard program that significantly minimize risks related to account takeovers, scams, and unauthorized activities. Swan Guard provides comprehensive protection, featuring dedicated US-based security support, escalated assistance during urgent situations, and monitoring for high-risk activities. The platform’s security infrastructure is certified under SOC 2 Type 2 standards, ensuring clients enjoy industry-leading asset protection.

Custody Options and Tiered Services

Swan Bitcoin’s platform offers various custody options that cater to the evolving needs of investors. For those seeking self-custody, Swan promotes this method through free withdrawals and educational resources aimed at helping clients understand and manage their assets securely.

• - Swan Safe: This option emphasizes segregated custody, allowing clients to interact directly with regulated custodians like Bakkt, BitGo, and Equity Trust.
• - Swan Vault: Designed for advanced security without sacrificing convenience, Swan Vault employs a collaborative multisignature setup, granting clients control and flexibility while maintaining rigorous safety protocols. Clients keep two keys offline while Swan manages the third key for transaction ease and emergency recovery.

“By making collaborative custody accessible, Swan Vault sets a new standard for Bitcoin security,” commented Mike Belshe, CEO of BitGo.

Swan Premium and Swan Private

Swan Bitcoin prides itself on offering top-tier client support through its Swan Premium service. This includes benefits such as auto-withdrawals to various addresses, no wire fees, and dedicated support from Bitcoin specialists. For investors seeking a more personalized approach, Swan Private provides tailored concierge services. Clients benefit from specialized insights into Bitcoin and macroeconomic trends, invitations to exclusive events, and access to a network of professionals in fields including estate, tax, and investment planning.

Bitcoin for Retirement

Swan IRA is another exciting offering, providing a tax-advantaged route to enhance long-term Bitcoin wealth. Through this platform, clients can hold tangible Bitcoin secured by a regulated custodian. By tapping into Equity Trust’s 50 years of experience and its vast asset management, Swan IRA clients can ensure robust security for their retirement funds. The service encompasses various account types, facilitating rollovers from existing retirement plans into Bitcoin IRAs, with plans to expand further with more offerings like Solo 401(k)s.

Conclusion

Swan Bitcoin stands as a beacon for Bitcoin investors, providing essential services designed to foster trust and security. With its launch in New York, the platform not only makes Bitcoin accumulation easier but also reinforces its commitment to investor education and long-term wealth building. With its range of features and a strong security framework, Swan Bitcoin is set to lead in reshaping the landscape of Bitcoin investment and custodial services.

For more information about Swan Bitcoin and its offerings, visit swan.com.