Digital Ascension Group (DAG), the parent company of Digital Wealth Partners, has made a significant move by partnering with Uphold to enhance its digital asset services for high-net-worth clients. Digital Wealth Partners, one of the largest crypto-focused Registered Investment Advisers (RIA) in the United States, currently manages nearly $1 billion in digital assets and serves over 2,500 clients. This partnership is set to streamline DAG’s operations while improving the user experience through the integration of Uphold Enterprise.
The decision to use Uphold comes as DAG aims to create a more centralized approach to managing on-chain activities. Uphold Enterprise offers powerful APIs that enable financial institutions and businesses to optimize their digital asset workflows. Following this integration, DAG’s operations will be fully unified, allowing for cost efficiencies and an enhanced client experience, enabling clients to access DAG’s new digital asset portal more easily. The partnership supports a fully DAG-branded experience, ensuring seamless integration with the existing systems.
Robin O’Connell, CEO of Uphold Enterprise, highlighted the growing interest in digital assets, asserting that the demand is expanding beyond retail investors to include banks, credit unions, and high-net-worth individuals. He mentioned that this deal illustrates a pivotal moment for the adoption of on-chain assets in the financial system.
Erin Friez, CEO of Digital Ascension Group, emphasized that the collaboration with Uphold significantly simplifies infrastructure by consolidating operations onto a single platform. She noted Uphold’s expertise in XRP and its established presence in the XRP community as crucial factors in aligning with DAG’s offerings.
Uphold, a financial technology firm recognized for its modern infrastructure in on-chain payment systems and investments, guarantees transparency and security in financial transactions. It operates under strict regulations in the U.S. and has a global presence in over 140 countries. Uphold boasts a unique model of transparency, publishing its assets and liabilities every 30 seconds, a practice that sets it apart in the fintech landscape.
Digital Ascension Group aims to provide high-net-worth and ultra-high-net-worth clients, along with single and multi-family offices, with exceptional governance and advisory support in managing digital assets. The firm focuses on delivering institutional-grade protection while helping clients navigate the complexities of custody, compliance, risk management, and long-term financial planning.
As digital assets continue to evolve and become integral to wealth management strategies, this partnership is poised to position both Uphold and DAG as leaders in offering innovative and secure financial solutions in an increasingly digital world.
