TLDR
- Jake Claver’s Digital Wealth Partners holds over $200 million in XRP, betting on institutional adoption of tokenized assets
- Claver believes XRP is misunderstood and could see sharp price increases as institutions embrace blockchain settlements
- The firm offers crypto-backed loans with up to 80% loan-to-value ratios at 13-16% interest rates
- XRP Ledger upgrades including liquidity pools and lending features are planned for the future
- Claver warns that a Tether collapse could crash the entire crypto market, with Bitcoin potentially falling 60%
Jake Claver, CEO of Digital Ascension Group, revealed his firm Digital Wealth Partners now holds over $200 million in XRP tokens. He shared this information during a recent livestream celebrating his YouTube channel reaching 100,000 subscribers.
Claver believes XRP is one of the most misunderstood digital assets in the current market. He thinks many investors miss a key factor that could drive the token’s price higher in the future.
The CEO sees XRP playing a major role in tokenized asset settlements as institutions adopt blockchain technology. He expects this use case to become more important as traditional finance moves toward digital systems.
Claver compared XRP’s potential to the early development of email systems. In the beginning, email users needed the same provider to communicate with each other effectively.
Today’s email works differently because protocols allow messages to reach any inbox regardless of the provider. Claver believes XRP could serve a similar function for digital payments across different apps and systems.
Real-World Use Cases Drive Investment Strategy
Digital Wealth Partners offers crypto-backed loans using Bitcoin and XRP as collateral. The firm provides loan-to-value ratios up to 80% with current interest rates between 13% and 16%.
Claver mentioned plans to reduce these rates through upcoming partnerships. The company works with clients managing traditional assets like IRAs and 401K retirement accounts.
The firm aims to help clients navigate both traditional finance and the emerging digital economy. Rather than replacing existing advisory teams, Digital Wealth Partners acts as an extension of current financial relationships.
XRP remains central to this investment approach. Claver believes the token’s structure makes it suitable for large-scale institutional transactions.
The fund’s growing XRP position demonstrates the CEO’s confidence in these beliefs. He sees the token fitting the needs of institutions as they adopt blockchain settlement systems.
Market Risks and Future Development
Despite his optimism about XRP, Claver acknowledged serious risks facing the crypto market. He specifically mentioned concerns about a potential Tether stablecoin collapse.
If Tether loses its dollar peg, Claver warned it could trigger a broad market crash. He estimated Bitcoin could fall as much as 60% in such a scenario.
The risk becomes greater if ETF investors begin withdrawing funds quickly during market stress. Claver called this possibility a real threat to the entire crypto ecosystem.
However, he also pointed to positive developments on the horizon. Regulatory changes and new ETF approvals could benefit the market going forward.
XRP Ledger upgrades are also planned for the future. These improvements include new liquidity pools and lending features that could expand the network’s capabilities.
Claver believes these developments could serve as catalysts for XRP’s next price movement. The combination of institutional adoption and technical upgrades supports his long-term investment thesis.
