Individual Net Worth Requirements

Eligibility Criteria

To engage in over-the-counter cryptocurrency transactions with Cumberland DRW LLC (“Cumberland”), a natural person counterparty must meet one or both of the following eligibility criteria:

An individual who has amounts invested on a discretionary basis, the aggregate of which is in excess of USD 10,000,000

As used herein:

  • “Total net worth” means the excess of total assets at fair market value (including all personal and real property) minus total liabilities.
  • “Liquid net worth” means the excess of total liquid assets (cash, cash equivalents and other assets that may be readily converted into cash) minus total liabilities.
  • “Spousal equivalent” means a cohabitant occupying a relationship generally equivalent to that of a spouse.