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Algorithmic XRP trading coming from Digital Wealth Partners

CoinDesk
Digital Wealth Partners is launching algorithmic XRP trading for qualified retirement accounts via a partnership with Arch Public.

Summary

Digital Wealth Partners (DWP), a Registered Investment Advisory firm specializing in digital assets and a subsidiary of Ascension Group, is introducing an algorithmic trading strategy for high net worth (HNW) XRP holders within tax-advantaged retirement accounts like IRAs. DWP collaborated with crypto-based algorithmic trading firm Arch Public to develop this systematic, rules-based approach, which aims to generate growth and cash flow from crypto holdings without triggering immediate tax consequences depending on the account structure.

The strategy operates within a Separately Managed Account (SMA) structure, ensuring client assets are distinct and held in qualified custody at Anchorage Digital. DWP President Erin Friez stated the goal is to provide individual investors access to institutional-grade strategies, offering an alternative to simply holding XRP or trading without a systematic framework. The algorithm relies on quantitative signals and consistent rules, leveraging XRP's deep liquidity and fast settlement to execute systematic trading opportunities based on existing volatility, rather than making long-term price predictions.

(Source:CoinDesk)