@jakeclaverqfop: If you need an LLC to be able to manage your digital assets, you've got at least $50,000 to $80,000 in current portfolio value. That's about the time we see most people start to look at that. If you're interested in that, you know, again, there's lots of videos that I've put out that talks you through exactly how to do it on your own. You can even go to our page and it talks about it. You want to do a single member, ideally in Wyoming. You know, you want a registered agent, EIN, articles of organization, get your certificate of good standing, a banking memorandum. The operating agreement is the most difficult piece. You want to set this up as a holding company. If you set up a trading LLC, one, you're going to have a difficult time getting a bank account, and two, you're not going to be able to take the benefit of long-term capital gains on your assets. You're also going to want to transfer this in here. You want to do it in kind. In kind. If you already hold the assets in your portfolio, you can absolutely do that. You don't have to buy a new wallet or send them from this address to that address. The way that we do it is we use it as a capital contribution. You list the wallet, the asset, the amount of the asset, the dollar amount on the day that you transfer it. I like to get that notarized. It serves as a timestamp of when that transaction took place. You could also do an e-sign or document where that transaction took place, and it's verified and logged so that you can verify that that's when it happened.

Jake Claver

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Monday 30 March 2026 22:59:59 GMT