Protect Your Wallet the Right Way. Jake Claver in this recording: “You're on a good cold wallet in my opinion.”
More on this subject: jakeclaver.com.
What this recording covers
A viewer says they moved their XRP off an exchange onto a hardware wallet and are waiting to onboard with Claver's firm once their situation improves. Claver acknowledges that moving to a cold wallet was the right step. He describes his firm's custody solution as offering beneficiary designation, spousal access, insurance, and asset segregation. He also notes the firm is working toward holding assets across multiple custodians simultaneously to reduce concentration risk, a standard practice in traditional wealth management that has not yet been common in crypto. In the interim, he advises writing down the seed phrase, storing copies in separate physical locations, and making sure a trusted person knows how to move assets if needed.
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.