Jake Claver Live - XRP & Digital Assets Q&A Livestream. Jake Claver in this recording: “They probably have an exchange account, they probably have a couple cold wallets.”
Also coveredcold storage, cold wallet, liquidity
More on this subject: jakeclaver.com.
What this recording covers
In this livestream segment, Claver covers several topics before taking questions. He discusses the anniversary of the Hiroshima bombing and speculates about whether Japan might take action that could affect financial markets on that date. He recounts a post by the chief architect of XRP describing how he sold a large quantity of ETH at a specific point, only to watch it rise significantly afterward, and draws a parallel to XRP's situation at the time of recording. Claver then explains the mechanics of the reverse carry trade, describing how Japan posting its US treasuries as repo collateral to borrow dollars adds a new layer of leverage on top of existing loans from the Bank of Japan. He also describes his firm's fee structure and closes with observations about blockchain transaction tracking by major payment networks.
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.