Crypto.com is integrating Capitalize’s Rollover API to help its users easily find and consolidate retirement accounts
NEW YORK--(BUSINESS WIRE)--Crypto.com, the global digital asset and financial services platform, and Capitalize, the industry’s leading platform for digital retirement account transfers, today announced a new partnership to help Crypto.com users consolidate legacy employer-sponsored retirement accounts such as 401(k)s.
Through the partnership, Crypto.com has integrated Capitalize’s Embedded Rollover API, enabling its customers to seamlessly transfer legacy 401(k) accounts into Individual Retirement Accounts (IRAs) directly within the Crypto.com platform. This integration allows users to consolidate, track, and grow their retirement savings alongside their broader investment portfolios in one place.
Investors are increasingly seeking both simplicity in how they invest and how they manage financial processes. This new partnership combines Crypto.com’s focus on making digital finance more accessible with Capitalize’s modern, API-driven approach to the historically antiquated rollover process.
“Our vision is to build the most comprehensive multi-asset trading platform in the world, and that requires removing the friction from historically complex processes like 401(k) rollovers," said Aaron Kurzak, Chief Product Officer of Crypto.com. "By integrating Capitalize’s leading technology directly into our IRA offering, we are providing our users with a seamless way to consolidate their wealth. This offering is a key step in our vision of empowering our users to manage their entire financial future in one place.”
“We’re very excited to partner with Crypto.com and help its customers take control of their retirement savings,” said Gaurav Sharma, CEO and Co-Founder of Capitalize. “Investors want modern, digital solutions, and together, we’re transforming a legacy rollover process into something that’s simple and intuitive.”
By embedding Capitalize’s innovative Rollover API directly into its onboarding process for retirement account customers, Crypto.com has taken what was once a months-long process to fund IRAs through rollovers and transformed it into a simple, frictionless experience. Crypto.com’s IRA customers will now be able to natively locate old 401(k)s and submit rollover requests digitally. This seamless integration significantly improves the user experience by eliminating the hassle of navigating the rollover process without help, and accelerates asset growth for the Crypto.com platform.
Crypto.com joins a growing list of financial institutions leveraging the Capitalize Embedded Rollover API to grow their retirement assets and better serve their users. Capitalize’s rollover technology has powered billions of dollars in retirement account transfers, and its platform is growing rapidly as additional retirement account providers adopt its industry-leading APIs.
This offering is now available through Crypto.com.
Capitalize is the industry’s leading platform to help financial institutions, financial advisors, and individuals digitally locate and transfer retirement assets, such as 401(k)s. Capitalize’s technology is used by financial institutions to power rollovers natively for their users and is also available to advisors directly. Capitalize helps Americans better save for retirement by ensuring that they can easily find, transfer, and keep track of their retirement assets. Capitalize has been recognized as one of TIME’s 100 Best Inventions, one of the Most Innovative Companies in America by Fast Company, and a Forbes Top 50 Fintech.
About Capitalize
Capitalize is the industry’s leading platform to help financial institutions, financial advisors, and individuals digitally locate and transfer retirement assets, such as 401(k)s. Capitalize’s technology is used by financial institutions to power rollovers natively for their users and is also available to advisors directly. Capitalize helps Americans better save for retirement by ensuring that they can easily find, transfer, and keep track of their retirement assets. Capitalize has been recognized as one of TIME’s 100 Best Inventions, one of the Most Innovative Companies in America by Fast Company, and a Forbes Top 50 Fintech.
For more information about Capitalize, visit https://www.hicapitalize.com/enterprise/.
About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation. Learn more at https://crypto.com.
Crypto.com IRA services are offered to eligible U.S. users only. Eligible customers can open a Traditional IRA or Roth IRA with Foris Capital US LLC, member FINRA/SIPC, which supports stocks and cash, and a separate Traditional IRA or Roth IRA with Foris DAX Trust Company, LLC, which supports digital assets only. All services and features related to digital assets apply to the IRA provided by Foris DAX Trust Company, LLC, not by Foris Capital US, LLC. IRA features are subject to regulatory requirements and availability. Cryptocurrency carries risk, including possible loss of principal. Users should consult with independent tax and financial advisors regarding their individual situation.
Securities are offered to U.S. persons by Foris Capital US LLC, Member FINRA/SIPC. Foris Capital does not engage in the sale, transfer or custody of cryptocurrencies or digital assets.
Contacts
For Media Inquiries, Contact: media@hicapitalize.com