DAG Wealth and Parataxis Capital Management launched the Parataxis Systematic Trading Strategy on September 1, 2026, letting clients contribute XRP to an account where it backs a third-party manager’s trades. The tokens stay registered in the client’s name at Anchorage Digital.
The Big Picture
- DAG Wealth clients move XRP into a separately managed account at Anchorage Digital, held in their own name.
- Parataxis Capital Management trades against that collateral, and profits or losses settle to the client’s account.
- Digital Wealth Partners LLC, the SEC-registered adviser behind the DAG Wealth brand, launched a different XRP strategy in December 2025.
- The strategy reaches eligible clients only after a suitability review with a DAG Wealth advisor.
XRP stays in the client’s name while Parataxis trades
DAG Wealth set out the mechanics in its launch announcement. Clients contribute XRP in-kind to a separately managed account at Anchorage Digital, where it stays registered in the client’s name at the qualified custodian and works as collateral for Parataxis.
Louis Hsu, Chief Investment Officer at DAG Wealth, tied the design to the two partners. Hsu said:
Anchorage Digital became the first federally chartered crypto bank in January 2021 and has since extended into adviser wealth platforms. Its own custody disclosures state that digital assets it holds are not guaranteed by Anchorage and carry no FDIC, SIPC, or SDIC protection.
DAG Wealth, in partnership with Parataxis Capital Management, has launched the Parataxis Systematic Trading Strategy, giving XRP holders a way to potentially earn returns on XRP that is held in a separately managed account with Anchorage Digital. For this strategy, the XRP… pic.twitter.com/gv2vSxqDlz
— DAG Wealth (@DAGwealth) September 1, 2026
The same adviser ran a different XRP playbook in December
Digital Wealth Partners LLC, the SEC-registered adviser that rebranded its platform as DAG Wealth in July 2026, launched an algorithmic XRP trading strategy with Arch Public in December 2025 for qualified retirement accounts. That product also used a separately managed account at Anchorage Digital.
Parataxis Capital Management, a New York digital asset firm founded in 2019, replaces the algorithm with a discretionary manager. The announcement does not say what Parataxis trades against the collateral.
CoinLaw’s Takeaway
The structure answers a specific ownership problem. A bankruptcy court ruled on January 4, 2023 that digital assets in Celsius’ Earn program were property of the estate, leaving those holders as unsecured creditors, because the coins sat unsegregated under terms assigning them to Celsius. Keeping XRP registered to the client at a chartered custodian responds directly to that outcome.
Custody titling does not remove market risk. DAG Wealth’s own disclosures list extreme volatility, potential total loss, cybersecurity threats, regulatory uncertainty, and illiquidity, none of which the account title changes. The tri-party design narrows counterparty insolvency risk and leaves the rest intact. No published track record yet shows whether the strategy earns its fee.
