HomeCrypto NewsMarketTop Crypto CEO Says Ultra-Wealthy Families Are Quietly Buying XRP

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

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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.

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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.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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