Jake Claver
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Appearances Over Time
Podcast Appearances
So there's just a lot of benefits.
You do give up a little bit of control and oversight and freedom, but you also gain all these things that you would get from a traditional account.
So my joke is we're the Schwab of crypto.
Exactly.
I would say the majority of our clients, I mean, they are 45 to 70 years old.
Yeah.
And they have an allocation here, but they're not super tech savvy.
They don't know how to deal with DeFi.
They're worried about moving it from an exchange to their cold wallet.
Right.
Right.
When you look on the block explorer and make sure and check everything.
I mean, you send a million dollars in Bitcoin, you're like,
It's supposed to be there.
It takes forever.
Yeah.
I mean, you get three verifications on the blockchain and then eventually it'll settle with the exchange or with your counterparty.
If you're doing cold wallet to cold wallet, it's faster than that.
But that's the other benefit of XRP.
It's two to three seconds.