Stratiphy Expands Innovative Finance ISA with Crypto Model Portfolios
Stratiphy is expanding its Innovative Finance ISA (IFISA) to include crypto model portfolios, offering UK retail investors tax-efficient access to digital assets. The move comes as the UK's regulatory and tax landscape for digital assets continues to evolve.
The platform has partnered with 21shares to offer their range of crypto exchange-traded notes (ETNs), which will sit alongside traditional non-crypto products within the IFISA. This means users can invest in model portfolios consisting of 21shares' ETNs, providing simplified access to the crypto market without requiring direct ownership of cryptocurrencies.
The launch broadens the use of the IFISA by introducing crypto model portfolios into the wrapper for the first time on a dedicated investment platform. Since new HMRC rules took effect at the start of this tax year, requiring crypto ETNs to sit within an IFISA rather than a Stocks and Shares ISA, Stratiphy has remained the only UK platform offering the combination in one place.
Daniel Gold, CEO and Founder of Stratiphy, said: 'We pioneered crypto in an ISA wrapper, and I'm pleased to see we are leading the way again as the first platform offering crypto model portfolios with the same tax advantages.'