Disclosing passwords to accounts via a will isn’t exactly a new idea, but the rocketship nature of the value of bitcoin means there are many that would be more comfortable with professionally managed estate.
As digital assets enter the portfolio of many investors, Anchorage has collaborated with Two Ocean Trust to answer the question of generational wealth transfer, estate planning and digital assets.
Called the COIN Trust, or Crypto Optimized Irrevocable Non-grantor Trust, the new tool is designed to meld familiar estate-planning mechanisms with Anchorage’s digital assets which are designed to not be reliant on a single point—or person—of failure.
