Gannett Trust Launches to Safeguard Bitcoin Wealth for Generations
Truist Bank has launched Gannett Trust, marking a significant step in the development of institutional tools for long-term Bitcoin wealth management. Backed by Unchained, a leader in Bitcoin financial services, Truist Bank aims to provide families and businesses with clear, tax-optimized strategies for Bitcoin-based planning.
Gannett Trust, the first Bitcoin-native trust company chartered in the United States, bridges the gap between trust companies and crypto custodians. It offers true fiduciary services for Bitcoin holders, preventing future loss. Around 3.7 million Bitcoins may be lost forever due to poor planning and lack of trusted custodial tools.
Gannett Trust will offer both qualified custody and non-custodial configurations for managing, protecting, and transferring Bitcoin. Its suite of fiduciary services is tailored to the unique needs of Bitcoin holders. CEO Joshua Preston stated that Gannett Trust is a major step forward for Bitcoin as a generational asset, enabling individuals, family offices, and businesses to integrate Bitcoin into estate and inheritance plans, investment portfolios, trusts, and treasury strategies.
Gannett Trust, supported by Unchained, has introduced innovative solutions for Bitcoin wealth management. With its focus on long-term custody and tax-optimized strategies, Gannett Trust is poised to become a crucial player in the Bitcoin ecosystem, helping to preserve and grow Bitcoin wealth for future generations.
