A leading crypto adviser is sending an urgent message to XRP investors. Jake Claver, who advises the ultra-wealthy, says the time to prepare is before XRP becomes real money. He warns that too many investors wait until after profits arrive, and by then it may be too late to avoid problems. Claver explains that early planning could be the best way to protect XRP investor gains and keep them safe. According to him, waiting until the windfall is already in their wallet leaves them exposed and unprepared.

Get Your Structure In Place Before XRP Profits Arrive

Jake Claver’s first piece of advice in his X post is direct: get your structure in place before profits come in. He says many XRP investors are waiting too long, and that delay can lead to risks that are hard to fix later. As a crypto adviser for the ultra wealthy, Claver has seen how fast success can turn into trouble when investors ignore planning. He makes it clear that action must come before the gains, not after.

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The crypto adviser stresses that XRP investors need to focus on legal, tax, and security planning while they still have time. If these steps are skipped or delayed, investors may face significant burdens when their coins become of real value. Problems can arise quickly, and once they do, they become more complex and more expensive to resolve. 

Claver cautions that establishing a structure is not about fear but being smart. Building the right plan now helps investors enjoy their success later without stress. In his view, the best way to secure digital wealth is to take action early, not when the profits are already sitting in the wallet.

Trusts, LLCs, And Custody Solutions Built For Digital Assets

Jake Claver also points to the tools he thinks work best for building crypto wealth. He says basic templates are not enough for serious investors, and XRP holders need structures made for digital assets if they want their coins to turn into lasting money.

The crypto adviser for the ultra-wealthy recommends using digital asset–specific trusts, LLCs, and custody solutions. These solutions could provide XRP investors with lasting financial security, giving them a strong way to protect their wealth and avoid costly mistakes as their digital holdings gradually turn into real money.

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The tools are not one-size-fits-all but they handle the fast growth and changing rules around digital coins. With the proper setup, XRP investors can protect their profits, pass on wealth to the next generation, and keep it safe from sudden losses.

Claver’s warning is clear, asking XRP investors to act early. By putting these protections in place before profits arrive, they can hold on to the value they have built and avoid risks from waiting too long. 

Featured image from Dall.E, chart from TradingView.com

Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Lord Philip Hammond, a former Chancellor of the Exchequer in the United Kingdom has been appointed as the Senior Adviser to London-based digital asset custodian, Copper. Lord Hammond’s role will be centered on providing the Copper team with strategic advice, as the startup looks to expand its business to the United States and Asia.

As Senior Adviser, Lord Hammond will help promote the UK as a leader in digital asset technology, helping Copper to tap into the global market as institutional demand rises. With the coming of Lord Hammond, Copper will seek to build on its impressive growth in the past 18 months, as fueled by its recent capital injection to the tune of $75 million from investors led by Dawn Capital and Target Global.

“Over the last 18 months, Copper has grown exponentially, now serving over 400 institutional clients,” said Dmitry Tokarev, Chief Executive Officer, Copper, “We would like to drive growth in our client base within a regulatory framework which will allow us to thrive globally from our London headquarters.  With Lord Hammond’s expertise adding to the strength of our team, we look forward to growing Copper and further enhancing the UK’s digital asset technology offering.” 

Are Former Government Officials the Best Advisors for Crypto Firms?

From recent trends, it can be said that many emerging cryptocurrency custody service providers or fund managers, in general, are all positively inclined to integrating former government officials into their advisory board. 

Lord Hammond served under Prime Ministers David Cameron and Theresa May. He served as Chancellor of the Exchequer from 2016 to 2019, Foreign Secretary from 2014 to 2016, and Defence Secretary from 2011 to 2014. However, the embrace of government officials is also becoming a trend in the United States, with former Chairman of the Securities and Exchange Commission (SEC), Jay Clayton joining the advisory board of One River Asset Management back in March this year.

From the obvious preference for these government officials, it is obvious that there is a belief that they are better at navigating regulatory terrains for their respective outfits. On the part of Copper, Lord Hammond’s understanding of the regulatory system will be deployed in its pursuit to connect traditional finance and the cryptocurrency ecosystem.

About Author

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The Dogecoin Foundation is back with some high-profile board members including Ethereum founder Vitalik Buterin.

The Dogecoin Foundation, a nonprofit which aims to support the cryptocurrency with advocacy and trademark protection, was founded in 2014 but dissolved over time. Now, the group is looking for three years’ worth of funding to hire a staff and work on Dogecoin full-time.

According to the foundation’s website, members of the group will meet monthly to discuss issues relating to the Dogecoin project.

In the organization’s manifesto, its members laid out their mission and founding principles.

“We are developing a currency for the people, and we strive to do only good everyday,” it says.

In its new iteration, the group will include Dogecoin creator Billy Markus as the community and memes adviser and Jared Birchall, who is head of Elon Musk’s family office and will represent the billionaire Dogecoin advocate as legal and financial adviser. Core developer Max Keller will serve as technical adviser.

Other members include a previous member of the Dogecoin Foundation, Jens Weichers, and Dogecoin core developers Michi Lumin and Ross Nicoll.

Dogecoin, which started out as a meme cryptocurrency in 2013, has now grown into a behemoth worth billions and supported by influential figures and billionaires like Mark Cuban and Elon Musk.

As of publication the digital coin was worth about 30¢ per coin.

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