You check your wallet and the number staring back still feels unreal. The journey from your first crypto purchase to now seems like it happened to someone else. You held through crashes that wiped out weaker hands, ignored friends who said you were crazy and believed when belief meant everything.
Now you're dealing with a different problem entirely. Getting rich in crypto was the easy part. Not losing it? That's where most people fail.
Jake Claver faced this exact situation. He began his investment career in traditional equities, following the standard playbook most investors use. Everything changed when he stumbled across a debate between Peter Schiff (the gold advocate) and a Bitcoin proponent. That single conversation redirected his entire financial strategy. He moved capital from stock positions into cryptocurrency while the market was still early, and the 2020-2021 rally turned those holdings into serious wealth.
That success brought unexpected complications. Claver went looking for accountants who knew digital asset taxation inside and out. He searched for estate lawyers who understood wallet succession and wanted advisors capable of managing both traditional finance and blockchain assets simultaneously. The search came up empty.
Conventional wealth managers handled equities and fixed income beautifully but refused to touch crypto. The risk exposure scared them and the technical complexity overwhelmed them. Meanwhile, blockchain experts understood the technology but couldn't navigate family office structures, multigenerational planning, or sophisticated tax strategies.
Claver and his business partner Max Avery spotted what everyone else overlooked: affluent investors wanted digital asset exposure, yet their financial teams had no way to provide it. The market gap was massive and expensive.
In 2022, they founded Digital Ascension Group in Dallas as a family office designed specifically for people holding substantial digital assets. They constructed the exact infrastructure they couldn't find when they needed it themselves.
Why This Matters for Wealthy Crypto Holders
The global crypto millionaire count currently sits at 241,700 people. That figure grew 40% in twelve months. Most of these individuals never imagined they'd manage this kind of money. They bought early, survived the volatility, and suddenly found themselves dealing with wealth management challenges they'd never encountered.
During the first six months of 2025, crypto-related crimes drained $1.93 billion from various holders. When your digital wallet contains what amounts to a retirement fund, every headline about breaches hits differently. Managing your own keys made sense when your holdings totaled $50,000. When you're sitting on $5 million spread across different blockchains? That becomes a job with zero margin for error.
Family offices have served wealthy households for over a century. Rockefeller established the blueprint and the Rothschild family refined the approach. These structures coordinate investment decisions, tax strategy, estate documentation, and cash management under one roof. Having a single team manage everything prevents critical details from slipping through cracks.
Digital assets introduce complications that traditional family offices never anticipated. Cryptocurrency behaves differently than stocks or bonds. Storage requirements diverge completely. Tax calculations follow unique rules. Inheritance planning demands blockchain-specific protocols that conventional legal documents never address.
The Hidden Challenges Destroying Crypto Wealth
Consider what happens to your crypto holdings after you pass away. Without access to your credentials, those assets vanish permanently. Countless billions worth of Bitcoin remain locked in inaccessible wallets because someone died without leaving recovery instructions.
Standard estate planning documents rarely contemplate blockchain holdings. Your trust might detail who receives your real estate, but does it contain instructions for accessing your cold storage wallet? Will your chosen executor be able to log into exchange accounts without triggering automated security protocols? These scenarios have already cost families millions because nobody captured the technical procedures.
Tax preparation creates parallel frustrations. Staking income faces one treatment. Yield from decentralized finance protocols gets taxed differently. Airdropped tokens, digital collectible sales, tokenized securities.
Each transaction type follows distinct reporting rules. The average CPA lacks both the software and the knowledge to process cryptocurrency correctly, leaving holders vulnerable to audit exposure or missing out on legitimate deductions worth six figures.
Legal asset protection adds another layer and once your net worth reaches the millions, you attract attention from potential lawsuits, marital disputes, failed ventures, and various creditors. Defending that wealth demands structures most people never explore. Single-member LLCs in Wyoming offer charging order protections. Properly structured trusts can exclude assets from estate taxation. Standard approaches fail with blockchain holdings unless someone documents the specific access protocols and recovery methods.
How Digital Ascension Group Solved the Problem
Claver and Avery constructed Digital Ascension Group around a straightforward concept: people with crypto wealth deserve professional management without abandoning their digital assets. Both elements needed to function together inside a unified system.
The company operates as a purpose-built family office for digital wealth. Services include entity creation that delivers legal shields. Custody arrangements using institutional-level security protocols. Tax planning from specialists who understand blockchain transactions. Estate frameworks that guarantee smooth transitions. Everything coordinated by professionals fluent in traditional finance and distributed ledger technology.
Through their subsidiary Digital Wealth Partners (an SEC-registered advisor), they provide professional investment management. Clients receive institutional custody featuring segregated accounts protected from bankruptcy. Multi-party signature requirements. Full insurance policies. Consolidated reporting that merges crypto positions with conventional investment statements. Access requires clients to meet portfolio thresholds held within appropriate legal structures like LLCs or trusts.
This method eliminates the coordination nightmare so your tax professional collaborates with your lawyer, and your portfolio manager synchronizes with your estate planner. Traditional holdings and digital assets appear together on unified reports displaying complete net worth across every asset category.
When to Seek Professional Management
Holding crypto doesn't automatically require a family office. Self-management works perfectly well for straightforward positions. Professional coordination becomes worthwhile once your portfolio grows complicated enough that integration matters more than individual services.
Think about managing several legal entities simultaneously while handling significant tax liabilities and planning wealth transfers across generations. When errors cost hundreds of thousands of dollars. When your hourly earning potential makes DIY wealth management economically irrational.
Everyone's threshold differs, but delaying too long introduces avoidable risks. Waiting until you desperately need help often means you've already suffered costly mistakes. Establishing proper frameworks ahead of time prevents crises instead of responding to them.
Insurance provides a useful comparison. You purchase coverage before accidents occur, not afterward. Family office services follow identical logic. Their value lies in structure and protection, which remains inherently difficult to quantify.
Creating Multigenerational Wealth in Crypto
Claver frequently cites the Vanderbilt family history as a cautionary tale. Once the wealthiest household in America, they lost everything within three generations. Their 1973 family reunion included zero millionaires. The collapse stemmed from prioritizing wealth creation while neglecting wealth preservation.
Digital Wealth Partners implements lessons from these historical failures. The firm emphasizes family governance frameworks, defined mission statements, and ethical operating principles. The objective extends beyond protecting assets from hacks and market crashes to defending against internal threats: entitlement among heirs, inadequate financial education, absence of disciplined stewardship.
First-generation crypto millionaires particularly need this guidance. Catching a bull market is dramatically different from preserving capital through complete market cycles, navigating tax obligations, resolving family conflicts, and executing successful wealth transfers.
Within twelve months of launching, Digital Wealth Partners accumulated approximately $1 billion in managed digital assets. That expansion didn't result from aggressive advertising. Demand came from crypto holders searching desperately for services designed around their actual needs.
Taking Action to Safeguard Your Digital Assets
If substantial crypto holdings have you considering these exact questions, you're far from alone. Thousands of investors built fortunes in digital markets and now confront the protection challenge.
Families maintaining wealth across multiple generations share one universal characteristic: they secured professional assistance before circumstances became desperate. Professional crypto wealth management doesn't mean surrendering control. It means building infrastructure that preserves and grows what you've accumulated while defending against the forces that eliminate fortunes.
Want to explore whether family office services fit your situation? The team at Digital Ascension Group specializes in guiding crypto holders through precisely these challenges. They address questions about custody arrangements, tax optimization, estate planning, and integrating digital assets into comprehensive wealth management.
Claver and Avery started by solving their own problem. That solution ended up addressing identical challenges for thousands of other digital asset holders. They identified the market gap early and moved decisively to close it. Today they're helping crypto millionaires implement the same protective structures that traditional wealthy families have employed for generations. The asset class may have changed, but the foundational principles remain constant.
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