Digital Wealth Partners Management, LLC, announced today that it has raised approximately $200 million in capital for its private fund strategies since April.
The firm asked investors to contribute digital assets directly. All of those in-kind contributions came in XRP.
The move was made to meet demand for investment options that accept crypto without converting it to cash. The company stated that it utilises institutional custody and compliance controls to manage the assets.
How do the funds accept crypto?
The private funds are set up to take in-kind digital asset contributions. That means investors hand over the crypto itself instead of swapping it for fiat first. The funds then hold the assets within custody systems meant for large investors.
The structure aims to keep operations simple and give investors flexibility. Managers say it also helps with efficiency, since conversions and extra steps are avoided.
Safety and compliance
DWP Management says its custody and compliance are built to the standards expected by institutional allocators. That includes monitoring, record keeping, and controls designed to follow industry rules.
The firm is positioning the funds so allocators can use digital assets alongside other holdings without added operational risk. According to the company, this setup supports both income-focused and long-term growth strategies.
What did the executives say?
Matthew Snider, the firm’s Chief Investment Officer, thanked investors for their trust. He said the inflows show how digital assets are being woven into modern portfolios. Snider added that the firm remains focused on running secure and compliant strategies that match long-term goals.
Max Kahn, DWP Management’s CEO, said the fundraising level shows crypto is playing a larger role in diversified allocations. He said the company is expanding its systems and offerings to keep pace with changes in the market while holding to fiduciary duties and regulatory best practices.
Growing investor interest
Industry demand is one reason the firm pointed to for the inflows. Some investors prefer to keep crypto as crypto when they put it into a fund. They want exposure without selling first.
That option can be especially useful for investors who expect long-term gains or who want to earn income from holdings. DWP Management says its funds are designed for those needs.
What comes next?
DWP Management said it is building out more infrastructure and broadening its product line. The company plans to improve operational tools and add services to meet client needs.
The goal is to offer more choices for investors who want a mix of traditional and digital asset exposure. The firm said it will continue to work within compliance frameworks as it grows.
The firm stressed its focus on fiduciary responsibility. It said it will maintain controls and oversight as new capital comes in. Managers indicated they will monitor how in-kind holdings perform and adjust operations as needed.
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