As crypto ownership grows, investors need to think about what happens to their assets if they can no longer access their wallets. Traditional bank accounts usually have established processes for transferring assets to nominees or family members, while self-custodied crypto can become permanently inaccessible if private keys are lost. Should crypto wallets and exchanges make inheritance and recovery easier for users?
Crypto gives individuals direct ownership of their assets, but that control can create a unique problem: what happens to those assets when the owner is no longer around? Unlike bank accounts, crypto held in self-custody may not automatically pass to family members, particularly if nobody knows where the seed phrase or private keys are stored. As more people hold significant amounts of digital assets, should crypto investors have a proper inheritance plan for their holdings?
