Digital Wealth Partners – Midyear Update

It's summer time and things are heating up!!🔥

Dear Valued Partners, 

It feels like just yesterday I penned our last update, marveling at the rapid pace of the digital asset world. (In truth, it’s been a bit longer—Warren Buffett might raise an eyebrow at my communication frequency.) Rest assured, we’ve been diligently working behind the scenes, enhancing our processes, developing new tools, and refining strategies to better serve your investment needs. 

Your trust, engagement, and patience are the cornerstones of our progress. You’re not just clients; you’re partners in this journey, and for that, we’re deeply grateful. Here’s a snapshot of what we’ve been up to recently. 

Growing Our Footprint 

We’re pleased to report that Digital Wealth Partners now manages over 550 active accounts—a testament to your confidence in our mission and the dedication of our team. We’ve also streamlined our onboarding process, reducing friction and time to make joining our platform more seamless. If you’ve noticed improvements, we’d love to hear your feedback as we continue to refine the experience. 

Hedge Fund Performance 

Digital Asset Disruption Fund 

This fund serves as our sandbox for capturing transformative shifts in finance, focusing on areas like DeFi, tokenized real-world assets, and on-chain fund infrastructure. It also acts as our proof-of-concept hub, where we test innovative strategies for deploying assets like Bitcoin and XRP before broader implementation. 

Performance (Nov 1, 2024 – May 30, 2025): +75% 
Unaudited. Past performance is not indicative of future results. 

Levered Crypto Fund 

Employing modest leverage, this strategy is designed to amplify exposure to core digital assets while dynamically adjusting to balance risk and reward. For example, for every $100 invested, you would expect to gain more than $100 in market exposure and these positions are carefully managed to maintain volatility within acceptable bounds. We’re also leveraging staking opportunities, such as Babylon Rewards, to enhance returns and are exploring avenues to lower borrowing costs as market conditions evolve. 

Performance (Nov 1, 2024 – May 30, 2025): +24% 
Unaudited. Past performance is not indicative of future results. 

Our commitment remains steadfast in delivering risk-adjusted returns through disciplined investment selection. While past performance doesn’t guarantee future results, we’re optimistic about the path ahead. 

Flagship Funds: Income & Growth 

In April, we launched our flagship vehicles—the Digital Asset Income Fund and the Digital Asset Growth Fund—and your response has been nothing short of phenomenal. Both funds are now oversubscribed, collectively holding approximately $75 million in XRP just three months after launch. That’s a milestone we don’t take lightly, and it’s all thanks to you. 

Digital Asset Income Fund 

The Digital Asset Income Fund seeks to generate consistent, coin-denominated income by leveraging quantitative analysis of market volatility, skew, and structure. The Fund aims to optimize exposure to maximize returns while increasing overall digital asset holdings over time. Should the strategy continue to perform, investors might expect to see our first USDC distribution after the quarter wraps up!  

Digital Asset Growth Fund 

An algorithmically driven approach built for long-term, in-kind appreciation. The Digital Asset Growth Fund aims to achieve capital growth by combining long and mean reversion trading strategies. The fund combines cutting-edge quantitative methods and relative-value arbitrage strategies to drive results. This fund is for those looking to ride the long wave of digital asset growth without liquidating their holdings. 

Lending Activity & Liquidity Solutions  

Liquidity is the lifeblood of any thriving portfolio, and we’re proud to keep it flowing for our growing client base. Through our partnerships with Maple Finance and Arch Lending, we’ve facilitated over $10 million in loans, delivering institutional-grade solutions with efficient processing times. These tools provide flexibility to access capital without sacrificing long-term exposure to digital assets. Stay tuned—there’s more innovation coming in this space. 

Stablecoins are poised to revolutionize the crypto space by bridging traditional finance and decentralized systems. Pegged to stable assets like the U.S. dollar, they offer price stability, making them ideal for payments, remittances, and DeFi applications. With Circle’s $19 billion IPO, the GENIUS Act’s regulatory clarity, and Ripple’s RLUSD expanding globally, stablecoins are gaining institutional trust and adoption.  

Their ability to enable fast, low-cost cross-border transactions and serve as a reliable store of value positions them as a cornerstone of the crypto economy, potentially driving mainstream integration and market growth to a projected $3.7 trillion by 2030 according to Citi Bank. 

Circle’s Blockbuster IPO

Implications:

Circle Internet Group raised approximately $1.1 billion in its oversubscribed IPO on the NYSE, pricing shares at $31, well above the initial $27–28 range. The stock surged over 200% on its debut, reaching as high as $280 over the past week with a current market capitalization of around $45 billion.

No wonder Circle said “No thanks” to the alleged buyout offers from Ripple and Coinbase.

The IPO’s success signals robust institutional demand for Circle’s USDC stablecoin, reflecting its increasing role in payments, DeFi, and treasury services. However, the volatility of IPO valuations and macro sentiment remain considerations, alongside intense competition from Tether (USDT) and emerging reserve-backed tokens like RLUSD.

The GENIUS Act Advances

Implications:

On June 18, 2025, the U.S. Senate voted 68–30 to pass the bipartisan GENIUS Act, establishing a federal framework for dollar-backed “payment stablecoins”. Key provisions include:

  • 1:1 backing with liquid assets (cash/Treasuries), with monthly transparency and public disclosures 

  • Tiered supervision: >$50 b stablecoin issuers to undergo annual audits; >$10 b issuers subject to federal oversight

  • Strong consumer protections and AML/BSA standards.

Before reaching the President’s desk, the bill must clear the House, where discussions are ongoing, and potentially be reconciled with the STABLE Act.

Investor Expectations:

The GENIUS Act’s passage marks a significant step toward regulatory clarity, likely to benefit compliant issuers like Circle and RLUSD, while putting regulatory strain on Tether, which relies on less transparent reserves.

  • Potential upside: Clearer regs expected to boost adoption of regulated USD-backed tokens and support stablecoin-based financial products.

  • Risks: Volatility may arise during House negotiation, and newer entrants could face steep compliance costs or restricted innovation. Source

Ripple Mints 14M RLUSD — Stablecoin Nears $450M Market Cap

Implications:

Ripple issued 14 million RLUSD in a single day, marking the largest daily issuance since April 25, and bringing total June minting to 42 million RLUSD — all minted on Ethereum rather than the XRP Ledger. RLUSD now approaches a $450 million market cap, solidifying its position in the fast-growing stablecoin ecosystem.

This surge highlights Ripple’s strategic pivot to expand RLUSD through Ethereum’s vast DeFi infrastructure, targeting broader integration with wallets, DeFi protocols, and payment networks. Notably, regulatory endorsement in Dubai and partnerships with payment platforms such as AlchemyPay (enabling Visa and Apple Pay on/off ramps) enhance RLUSD’s accessibility and real-world utility.

Furthermore, RLUSD is emerging in tokenized real‑world asset frameworks—for example, Ondo Finance’s tokenized Treasury (OUSG) on the XRP Ledger can be minted using RLUSD. Additionally, Circle has integrated USDC into the XRP Ledger, signaling cross-chain collaboration and interoperability.

Investor Expectations:

RLUSD’s soaring issuance and reinforced infrastructure indicate strong ambition to compete with USDC and USDT. Investors might anticipate:

  • Continued expansion via Ethereum-based DeFi and payment rails

  • Improved liquidity and utility backed by global on/off ramps

  • Growing incorporation into tokenized assets and stablecoin ecosystems

Risks to monitor include:

  • Reliance on regulatory frameworks—especially as Ripple navigates jurisdictional complexities

  • Competitive pressure from other stablecoins with deeper market penetration

  • Potential volatility in mint/burn momentum tied to episodic demand. Source

Recent & Upcoming Events 

A heartfelt thank-you to the Digital Ascension Group team for orchestrating an unforgettable weekend at XRP Vegas. The event was a vibrant gathering of clients and enthusiasts, fostering connections over shared interests (and perhaps a donut or two). The camaraderie and energy were palpable, and we look forward to more such engagements. 

Looking ahead: 

  • Edge Wealth Management Conference, Boca Raton, FL: I attended an awesome event full of wealth managers and RIAs looking to generate alpha for clients. I was happy to have the opportunity to share our vision for digital assets with money managers who are leaning in more now than ever at the mention of the word - “crypto”. 

  • Institutional Investor RIA Roundtable, Chicago (Tomorrow!): I’ll be speaking alongside industry leaders about integrating digital assets into portfolios for high-net-worth and institutional clients. 

We’re committed to engaging with the broader financial community, sharing insights, and bringing valuable perspectives back to you. 

A Final Note 

Many of you have expressed that you missed these updates—and that feedback is invaluable. Knowing that you find value in these communications motivates me to maintain a more consistent cadence. 

 We’re building Digital Wealth Partners with you in mind, and your input shapes our direction. If there are topics you’d like us to delve into—be it market insights, performance analyses, or educational content—please let us know. 

As always, I’m grateful for the opportunity to serve as your partner in navigating the dynamic world of digital assets. 

Warmly, 
Matthew Snider 

Chief Investment Officer 
Digital Wealth Partners 

Disclaimer: This is informational only, not financial advice. Cryptocurrencies and related stocks are high-risk investments; consult advisors before investing.