IG North America introduces new company Software Solutions LLC to build software that provides users access to all digital assets, web3, and decentralized finance.

Following IG's acquisition of tastytrade in June 2021, IG Group North America has now formed Software Solutions, LLC, a technology company to build software that provides users access to all digital assets, web3, and decentralized finance.

Software Solutions has launched tastycrypto coin and a self-sufficient blockchain wallet on the Bitcoin and Ethereum networks. The launch reinforces IG Group North America's commitment to strategically invest and innovate in the digital assets and DeFi space.

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"We have a long history of acting to help people on their path to becoming better at assessing risk and decision making," said Tom Sosnoff, Founder of tastytrade, Inc., an affiliate of tasty Software Solutions. "tastycrypto represents the next phase of personal investing. Given recent events, self-custody should be a significant consideration for those trading digital assets. DeFi is the next frontier and should be a great equalizer for all."

tastycrypto's software will enable users to custody, control, and take ownership of clients' digital assets (such as cryptocurrency, tokens, and NFTs). Users will initially be able to view their token balances, transfer cryptocurrency, and view transaction history on the Bitcoin and Ethereum networks. In the future, tastycrypto plans to allow users to fund their wallet using licensed third-party payment methods, swap tokens on-chain, connect to decentralized applications, and transfer cryptocurrency to their wallet from their tastyworks brokerage account where they have access to trading in 25 different cryptocurrencies today.

"Our core focus is on developing tools and resources to empower individuals to take control of their finances in a rapidly changing landscape," said Ryan Grace, IG Group North America Head of Digital Assets. "DeFi, web3, and blockchain will play a major role in the future of finance and we have the foresight, experience, and passion, to continually innovate to meet investors' needs in this space."

tastycrypto's self-custody digital wallet will be available in January 2023

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