How This Tax Startup Is Helping Crypto Holders Save With Peter Thiel's Favorite Trick

How AnchorZero is using retirement account loopholes to help save people a ton on crypto taxes

By: Zack Guzman

January 17, 2025


For many, the complexities of cryptocurrency taxation are an ever-looming headache. For billionaires like Peter Thiel, who's famous for one trick in particular, it's how they preserve their wealth.

But now, thanks to one tax startup looking to extend those same tricks to crypto investors — this tax season could be a new chance at an opportunity to save for the future like the top 1%.

As Sunil Abraham, Co-Founder and CEO of AnchorZero explains to Coinage, the trick has to do with tax-shielded retirement accounts. After learning how the Peter Thiels of the world had used those accounts to save millions on their startup investments, his mission became straightforward: Leverage retirement accounts to legally and effectively to do the same for crypto profits. The result is potentially millions in savings.

“AnchorZero really helps Americans invest their retirement assets as freely as they want to,” Abraham explains. At its core, the platform integrates the benefits of Individual Retirement Accounts (IRAs) with cryptocurrency investments, enabling users to optimize tax advantages in ways previously missed.

Of course, IRAs have long been celebrated as tax-advantaged vehicles, and AnchorZero is just extending those benefits to the world of digital assets by partnering with custodian giant Anchorage Digital.

“Inside the IRA, their transactions don’t get taxed,” Abraham notes. For crypto enthusiasts, this means shielding potentially massive gains from the taxman. Whether you’re investing in liquid tokens or private token sales, AnchorZero is bridging the gap. One of the company’s standout offerings is the ability to include pre-launch tokens within IRAs. This revolutionary approach allows investors to lock in gains from early-stage investments without tax liabilities. Abraham paints a vivid picture: “Imagine if you were one of the seed investors in Solana, and you could come in and get that into your IRA… all of that appreciation would be shielded from taxes.”

Abraham’s journey to founding AnchorZero began during the pandemic, when a casual lunch with crypto-savvy friends led him to experiment with trading digital assets. As a former quantitative trader, he quickly realized his biggest cost wasn’t trading fees — it was taxes. “Why can’t I put this in a Roth IRA?” he asked himself. After diving into the tax code, he discovered that it was entirely possible, but no infrastructure existed to support it. That realization was the catalyst. Abraham co-founded AnchorZero and established a chartered trust company in South Dakota to enable the seamless integration of crypto investments into IRAs. “We’re completely vertically integrated from banking institution to the web app that you see and click,” he says.

The potential market for AnchorZero is staggering. “US retirement is massive,” Abraham highlights. “There’s like $40 trillion of US retirement assets.”

Comparatively, the total crypto market hovers around $2 trillion. By unlocking access to crypto investments through retirement accounts, AnchorZero is tapping into a wealth management market ripe for disruption. This isn’t just for institutional investors or high-net-worth individuals. Abraham emphasizes the democratizing potential of crypto: “One trend with crypto especially is that it’s not just institutional investors and really well-connected investors. It’s everyone."

Using a simple example, Abraham explains the transformative power of tax-free growth: Say you bought Bitcoin at $1000 and now it’s $100K. That’s $99,000 of appreciation. In a high-tax state, you’re looking at losing $35,000 to taxes. But in a Roth IRA? Zero taxes.

AnchorZero doesn’t just stop at token investments. The platform also enables staking within IRAs, allowing users to earn substantial rewards without immediate tax implications. “Staking rewards can be substantial,” Abraham says, noting that some assets can yield up to 10% annually. These gains, compounded over time, can make a dramatic difference in retirement savings.

For now, AnchorZero is leading the charge in helping investors, from founders to everyday crypto enthusiasts, save on taxes and maximize gains.

Coinage members can watch our full interview above. To support our community-owned outlet, own it with us, and unlock other exclusive benefits, mint one of our Membership Passes today or Stake with us today! Chat with Coinage in our Discord.

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