Silver Scott Announces Crypto Wealth Management Division and Strategic XRP Reserve Initiative
Rhea-AI Summary
Silver Scott Mines (OTC PINK:SILS) has announced the launch of a new crypto wealth management division targeting institutional investors and asset allocators. The division will provide strategic portfolio construction, risk management protocols, tokenized fund structures, tax-optimized investment solutions, and access to pre-launch opportunities.
The service will initially serve wealth managers, private banks, and qualified individual investors across North America, Europe, and select Asian markets. CEO Stuart Fine highlighted that this initiative will create a new revenue stream complementing their existing tokenization infrastructure while generating high-margin advisory fees.
Additionally, the company revealed its selection of Ripple's XRP Ledger as its protocol infrastructure for real-world asset (RWA) capabilities. Silver Scott is evaluating strategic XRP acquisitions for treasury reserves to enhance operational liquidity for cross-border tokenization services.
Positive
- Launch of new revenue stream through crypto wealth management division
- Expansion into institutional client market with high-margin advisory fees
- Strategic selection of XRP Ledger enhances operational capabilities
- Geographic diversification across major markets (North America, Europe, Asia)
Negative
- Potential capital allocation required for XRP treasury reserves acquisition
- Entering competitive wealth management space with established players
News Market Reaction
On the day this news was published, SILS gained 0.21%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FRANKLIN, NEW JERSEY / ACCESS Newswire / April 14, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a leader in blockchain-driven tokenization of real-world assets, announces the establishment of crypto wealth management division targeting sophisticated investors and asset allocators.
The institutional wealth management division will deliver:
Strategic portfolio construction across established digital assets and emerging blockchain opportunities
Proprietary risk management protocols with real-time monitoring capabilities
Specialized tokenized fund structures providing simplified diversification options
Tax-optimized investment structures designed for regulatory compliance
Access to exclusive pre-launch opportunities and yield-generating strategies
The service will initially focus on wealth managers, private banks, and qualified individual investors across North America, Europe, and select Asian markets.
"Silver Scott wealth management will create a new revenue stream that complements our existing tokenization infrastructure," said Stuart Fine, CEO of Silver Scott Mines. "By expanding our services to institutional clients seeking blockchain exposure, we're leveraging our technical expertise to capture high-margin advisory fees while accelerating adoption of our core tokenization platform."
Strategic Treasury Reserve Initiative
The company had recently selected Ripple's XRP Ledger as its protocol infrastructure due to its established RWA capabilities and regulatory clarity. Silver Scott is now evaluating strategic XRP acquisitions for treasury reserves to strengthen operational liquidity across cross-border tokenization services.
To request information on Silver Scott wealth management service please visit https://silverscottdigital.com/wealth-management/
About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. (OTC:SILS) is a forward-focused holding company advancing digital innovation across traditional asset classes. Specializing in secure technology solutions for institutional-grade asset tokenization, the company enables fractional ownership models and secure validation of assets through its proprietary TrustNFT platform. The company's acquisition pipeline targets technology-enhanced opportunities in healthcare, cleantech, and digital platforms.
Website: www.silverscottdigital.com
LinkedIn: www.linkedin.com/company/silverscott
X: https://x.com/silverscottmine
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines, are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.
Contact Information
Stuart Fine
CEO
stuartfine@silverscottmines.com
908-356-9852
SOURCE: Silver Scott Mines Inc.
View the original press release on ACCESS Newswire
FAQ
What services will Silver Scott Mines (SILS) new crypto wealth management division offer?
Which markets will SILS target with its new wealth management division?
Why did Silver Scott Mines choose Ripple's XRP Ledger for its infrastructure?
How will the new wealth management division impact SILS revenue?
