A viewer asked: Why would I give custody to someone? This recording is Jake Claver's answer, in full and unedited.
Covered in this recordinginstitutional custody
What this recording covers
Claver addresses why holders of digital assets should consider third-party institutional custody rather than storing private keys independently on personal hardware. He shares an example of a family that inherited Bitcoin on a physical hard drive through a will but could not locate the necessary keys or access the funds, ultimately resulting in the loss of the entire holding. Claver notes that relying on family members or children to manage private wallets introduces operational risks. He compares digital asset custody to traditional equities, where paper certificates were replaced by institutional custody accounts held for the benefit of the owner. Under institutional custody, the client retains ownership and control over asset instructions while storing holdings alongside large institutional entities. Claver outlines how advisory firms assist families and international individual clients in establishing institutional custodial structures to prevent the permanent loss of digital wealth across generations.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.