Bridgecoin Allows Crypto Capital Gain Deferment

On August 3, 2023, Bridgecoin Capital made waves in the financial world with the introduction of their groundbreaking lending platform. Designed by a skilled team of real estate and crypto professionals, this innovative system is the first of its kind, allowing customers to leverage their cryptocurrency into traditional real estate assets. By doing so, it offers a first-of-its-kind, tax-efficient strategy for preserving wealth within the blockchain industry.

 

Cryptocurrency Meets Real Estate: An Unconventional Solution

Based in Boca Raton, Florida, Bridgecoin Capital has crafted an ingenious method for addressing the looming issue of crypto capital gains tax. Considering the substantial size of the crypto market, which is over $500 Billion, and the real estate market, estimated at over $3 Trillion, the company has identified a unique pathway to connect these two realms.

 

The result is a robust mechanism that allows cryptocurrency investors to defer capital gains tax, reducing losses to taxes which accounted for a considerable chunk from the $163 Billion earned in the last crypto bull run.

 

Bridgecoin’s Approach: A Fresh Take on Wealth Preservation

Bridgecoin’s strategy involves a meticulously crafted and fully regulated process. Customers collateralize their crypto assets into a cash loan, effectively circumventing the transfer capital gains tax. This cash is then lent into real estate deals, generating interest and providing an additional stream of income for the customers.

 

Joey Billet, co-founder and CEO of Bridgecoin, encapsulated the novelty and potential of the platform during its launch, “We are proud and excited to introduce our platform to the crypto community. Our team has identified a key sore spot for successful investors regarding the capital gains tax. We have found a way for investors to defer their crypto gains tax while simultaneously diversifying their portfolio generating passive income.”

 

Navigating the Regulatory Landscape with Bridgecoin

Beyond the unique advantages it offers to individual investors, Bridgecoin is also firmly rooted in regulatory compliance. All customers undergo Know Your Customer (KYC) checks, ensuring the legitimacy and transparency of the transactions. The platform’s structure is straightforward: it collateralizes crypto assets and lends the cash equivalent into real estate, thus not tokenizing the real estate assets.

 

The system guarantees a return on investment set in USD at the end of the lockup period along with a steady Annual Percentage Yield (APY) throughout the process. With this model, Bridgecoin assures its clients of a secure investment locked into tangible real estate assets.

 

About Bridgecoin: Bridging the Crypto and Real Estate World

The Bridgecoin team, a blend of experts from the commercial real estate and cryptocurrency sectors, has been pursuing the integration of blockchain technology into the commercial real estate space since 2018. By creating an opportunity for crypto investors to defer their unrealized capital gains tax and lend their holdings into tangible real estate assets, Bridgecoin offers investors the tax benefits associated with debt investing in commercial real estate.

 

Their novel lending platform is a significant step towards this goal, shielding investors from the risks of non-compliant companies and ensuring their investments are secure and profitable.

 

For further information on Bridgecoin and their pioneering lending platform, please contact Joey Billet, CEO, at Joey@bridgecoincap.com.