Top Crypto CEO Says Ultra-Wealthy Families Are Quietly Buying XRP

TheCryptoBasic
XRP-1,36%
BTC-1%

A recent discussion on Good Evening Crypto revealed that billionaire families are quietly acquiring XRP behind the scenes.

The revelation came from Jake Claver, CEO of Digital Ascension Group. According to Claver, a close friend overheard an affluent family connected to a well-known U.S. food brand discussing their substantial XRP holdings while being driven from Disney World to their hotel in Orlando.

Claver said this anecdote aligns with conversations he has recently had with several large family offices that are now making significant allocations to XRP.

He noted that, despite XRP having only around 7 million wallets globally, half of them contain fewer than 100 XRP. In contrast to Bitcoin’s widespread adoption, XRP ownership remains relatively low. To Claver, this factor could amplify future price appreciation.

Why Billionaires Are Looking at XRP

Claver explained that extremely wealthy families are entering crypto not for speculation, but for wealth preservation. These investors “aren’t rolling the dice”; they have already made their fortunes. Now, they seek long-term hedges that protect their capital.

Claver added that only 38% of global family offices are even considering crypto exposure today. He claims many are beginning to explore assets like XRP as a way to hedge against risks, such as the unfolding reverse carry trade.

As traditional finance validates digital assets, Claver believes every major investor will eventually hold some form of crypto. According to him, this shift is only just beginning.

XRP ETFs Absorb Over 400 Million Tokens in Nine Days

Meanwhile, the Good Evening Crypto episode also highlighted Brad Garlinghouse’s recent remarks that the new XRP ETFs are “underappreciated.”

Since launch, the ETFs have absorbed over 400 million XRP from OTC desks and exchanges in just 15 days. This follows inflows of over $887 million, with total assets worth more than $906 million as of Wednesday.

Meanwhile, this rapid ETF demand is emerging while XRP’s price remains pinned below a “$2 iron wall”. However, many investors are watching for a decoupling event as institutional interest accelerates.

Ripple’s Global Positioning Strengthens the Thesis

Host Abs expanded on why the ultra-wealthy may be paying attention now. Ripple maintains deep connections across governments, central banks, and global institutions, giving XRP one of the clearest paths toward real-world financial integration.

Claver argued that XRP is currently the only digital asset with full enterprise-grade scaling capabilities, placing it in a favorable position as global finance evolves.

With some of America’s largest multi-generational families acknowledging this narrative, the host suggested this phase could mark the very beginning of mainstream adoption.

“You Should Only Have to Get Rich Once”

Claver concluded with a message about mindset, saying true wealth is built like a tree: a strong core investment (the trunk) surrounded by diversified branches for protection. For many ultra-wealthy families, XRP is becoming one of those strategic branches.

As he put it: “You should only have to get rich once”. For early XRP investors, this may be the phase where the world’s largest capital pools begin catching up.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Goldman Sachs Becomes Largest Holder of XRP ETFs With $153.8 Million in Holdings

Goldman Sachs becomes largest holder of XRP ETFs.  The entity now holds a total of $153.8 million in holdings.  This shows a promising future for the price of XRP. The crypto community is thrilled to see the slight rise in crypto prices today. Presently, the price of Bitcoin (BTC), the p

CryptoNewsLand39m ago

XRP ETFs Record $1.4 Billion Inflows Despite Market Volatility

Exchange-traded funds (ETFs) tracking the cryptocurrency XRP have attracted approximately $1.4 billion in cumulative inflows since their launch, according to recent data from analysts at Bloomberg Intelligence. The figures suggest sustained investor interest in XRP-based investment products

CryptoBreaking1h ago

$0 XRP ETF Netflow Might Be Positive for Price Rebound - U.Today

XRP ETFs reported $0 netflow in 24 hours, indicating a halt in intensive institutional sell-offs after three days. This stability suggests potential accumulation and a price rebound, despite recent stagnation between $1.37 and $1.41.

UToday1h ago

Ripple Set to Buy Back $750M in Shares Despite XRP Price Decline

Ripple plans to buy back up to $750 million in shares from investors and employees by the end of next month, insiders have revealed. The buybacks would value the company at $50 billion, and come six months after a similar plan to buy back $1 billion in shares from employees failed. Ripple

CryptoNewsFlash2h ago
Comment
0/400
No comments