Nashville, Tennessee – February 12, 2024 – Bitcoin Magazine is pleased to announce a new partnership with Unchained, the leading Bitcoin financial services company, making it the official collaborative custodian and IRA partner in the United States.
Traditionally, institutional and institutional investors, whether they acquired bitcoin itself or derivatives, have turned to large, publicly traded custodians to manage their bitcoin. Relying on a single custodian negates most of the benefits of the asset while increasing the risk of catastrophic loss that has been so common throughout Bitcoin's history.
Together, we know that Bitcoin, if properly held, will be at the heart of the global financial system. Unchained offers a better way to interact with Bitcoin through collaborative custody. Providing investors with the appropriate tool to eliminate custody risk by taking ownership of their assets or distributing control among multiple trusted parties. This method has gained traction as a superior risk management strategy.
Bitcoin Magazine and Unchained will co-produce Bitcoin educational content only. Aiming to help new and existing Bitcoin investors access the best tools and methods to achieve their financial goals, this content will focus on financial literacy, security, planning (including 401k, IRA, and inheritance), and the best-in-class market. research. As part of these educational efforts, Bitcoin Magazine and Unchained will release an institutional adoption roadmap to show financial institutions how and why to engage with the Bitcoin network through collaborative custody.
Bitcoin Magazine customers will enjoy exclusive discounts on Unchained's custodial product, Bitcoin IRA and Signature services – Unchained's complete financial services suite. Unchained's vault customers will receive free access to Bitcoin Magazine Pro, our leading market research subscription, print issues of Bitcoin Magazine, discounts on Bitcoin Conference passes and access to invite-only events.
Joe Kelly, CEO of Unchained, commented: “We believe that Bitcoin is the most important thing to happen to money in hundreds of years. It allows a level of control and sovereignty over one’s finances that was not previously available. However, leaving your Bitcoin Having a single custodian (whether you own actual bitcoin or an ETF) negates most of the benefits of bitcoin. We founded Unchained to fix that! We wanted to create a way for people to prevent single points of failure. Bitcoin Magazine is the main entry point for many people into this exciting market and we're thrilled To partner with them to educate people on ways to avoid mistakes that caused people to lose a lot of value in 2022 events.
Mike Germano, President of Bitcoin Magazine, expressed his enthusiasm for the partnership:
“Bitcoin is reaching an inflection point as a new wave of individual and institutional investors enter the space. For this reason, we believe it is more important than ever to educate people on how to best interact with this technology. Currently, the world has a unique advantage. “An opportunity to re-engineer the financial system using Bitcoin as a foundation, and we believe Unchained's custodial model is the right way for people to make Bitcoin part of their wallet. We believe Unchained stands out for its superior approach to Bitcoin as demonstrated by its proven track record and reputation, and we could not be more excited about this partnership to educate the market on why Bitcoin, properly held, should be the standard for investors and institutions participating in the capital markets.
Together, Bitcoin Magazine and Unchained envision Bitcoin as a revolutionary monetary system aimed at reshaping global finance. To achieve this vision, users need powerful tools to manage capital safely and efficiently. Unchained's unparalleled services are pivotal in enabling Bitcoin as an essential asset for all investors, from institutions to individuals. Now is the time to turn this vision into reality.
For more information, please visit unchained.bitcoinmagazine.com
About Bitcoin Magazine:
Bitcoin Magazine, the world's first publication covering Bitcoin, serves its international readers with innovative ideas, breaking news, and global influence at the intersection of finance, technology, and Bitcoin. Bitcoin Magazine operates out of Nashville, Tennessee, and is published by BTC Media. For the latest Bitcoin news, visit BitcoinMagazine.com.
About unrestricted:
Unchained is the leading Bitcoin financial services company. Founded in 2016, Unchained is a top 5 Bitcoin platform in terms of collateralized assets (>$4B in Bitcoin) and has helped thousands of individuals and businesses truly own their wealth by holding their Bitcoin keys. Unchained's collaborative custody model allows clients to access a wide range of financial services while still enjoying the benefits of self-custody, the ultimate consumer protection in these uncertain times. For more information about Unchained, please visit www.unchained.com.