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Wave Digital Assets LLC
Wave Digital Assets LLC, founded by David Siemer, manages digital asset investments including cryptocurrencies and DeFi strategies. SEC-registered RIA.
Wave Digital Assets LLC
Wave Digital Assets LLC was founded by David Siemer, who earlier founded Wave Financial in 2019, a registered investment advisor focused on digital assets. The firm's wealth origin is tied to Siemer's background as a venture capital investor and entrepreneur, though specific family wealth disclosure is not publicly available. The firm invests across digital asset classes, including spot cryptocurrencies, tokenized securities, and decentralized finance (DeFi) protocols. It has structured vehicles such as the Wave Digital Asset Income Fund, which targets yield from crypto lending and staking. Geographic focus is global but primarily North America and Europe, according to public filings. Public records do not specify total assets under management or team headcount. The firm has not disclosed recent operational events in the last 24 months. No additional offices beyond its registered address are confirmed. Wave Digital Assets operates as a standalone investment manager rather than a family office, distinguishing itself by focusing exclusively on blockchain-native assets. Its governance structure aligns with SEC-registered RIA requirements, with David Siemer serving as CEO and CIO.
General information
Firm type
Asset Manager
Year founded
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AUM
Undisclosed
Location
Region
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Country
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City
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Corporate office
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Frequently asked questions
Who leads investment decisions at Wave Digital Assets?
David Siemer serves as the firm's CEO and CIO, overseeing all investment decisions (per SEC Form ADV, public record).
What types of digital assets does Wave Digital Assets invest in?
The firm invests in spot cryptocurrencies, tokenized securities, and DeFi protocols. It also operates yield-generating funds through crypto lending and staking (per the firm's SEC filings).
Is Wave Digital Assets structured as a family office or an asset manager?
It is structured as a registered investment advisor (RIA), not a family office. The firm manages capital for institutional clients rather than a single family (per SEC registration).
Where has Wave Digital Assets sourced its initial capital?
The firm was founded by David Siemer, whose prior venture capital background provided seed funding. Specific wealth origin beyond that is not publicly disclosed.
Does Wave Digital Assets make direct investments or only fund commitments?
The firm makes direct investments in digital assets and also offers managed fund vehicles (e.g., the Wave Digital Asset Income Fund) for institutional investors (per public filings).
What regulatory framework governs Wave Digital Assets?
The firm is registered with the SEC as an investment advisor under the Investment Advisers Act of 1940, subject to standard reporting and fiduciary requirements (per SEC Form ADV).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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