Sunsetting InCrypto Wealth LLP.
A proactive, strategic wind-down. No forced sales. Assets remain secure.
Dear Investors,
It is with a heavy heart that I share an important update: InCrypto Wealth LLP will become dormant with no external registered members by 1 December 2025.
This step has been necessitated by evolving UK regulatory requirements. New legislation coming into effect in 2026 will make it illegal for InCrypto Wealth LLP to operate in its current structure. This is a regulatory change, not a reflection of the company’s financial position.
First and foremost, please rest assured that no investor will be forced to sell their cryptocurrency holdings as a result of this decision. All assets remain secure, and clear processes are in place to give you straightforward options for each asset class.
Why This Is Happening
Over the past two years, regulatory requirements for investment-related LLPs have shifted significantly. New rules require increased registration, supervision, and capitalisation, bringing LLPs like InCrypto Wealth much closer to the regulatory framework of financial institutions.
Continuing under the current structure would no longer be legally viable once the 2026 legislation takes effect.
InCrypto stopped onboarding new clients and paused all external marketing in December 2023. Since then, I have been preparing for an orderly transition that prioritises clarity, security, and investor choice.
Your Options by Investment Type
1. Syscoin Holdings
For Syscoin holders, assets can be segregated from the LLP in one of two ways:
Transfer your assets to a new wallet in your name, or
Change the password/private key on your existing wallet to something that I do not know.
Either option will legally segregate the assets from InCrypto Wealth LLP.
Any Syscoin currently held on account will be transferred to a private wallet before 1 November 2025 as part of the formal wind-down. Once segregation is confirmed, no further action is required.
2. Index Fund Holdings
For those with Index Fund holdings, there are two options:
Withdraw your assets in GBP
You can withdraw your Index Fund position and receive the proceeds in GBP.Set up an Index Fund account in your own name
If you wish to continue holding, I can arrange to transfer your assets to a new account in your name.You’ll need to open (or already have) an account with Binance, KuCoin, or Crypto.com in your own name.
I will transfer all assets to your new account and set up the trading APIs to ensure continuous service before 1 December 2025.
A 1% administration fee applies, which can be deducted from the deposited amount.
Other costs may apply, such as licence fee renewals or platform charges. If you are interested in this option, please request a quote in advance so that any applicable fees are fully understood before proceeding.
This structure gives you the flexibility to withdraw or continue holding under your own control, while ensuring regulatory compliance.
3. DefiChain Holdings
The DefiChain portion of the LLP has become a total write-off and no longer holds meaningful value. As part of the wind-down, I will be closing this part of the LLP and removing individual members by the end of October 2025. No action is required from investors for this step.
What Happens Next
Investor outreach will begin shortly. You will receive individual communications to confirm your preferences for each relevant asset.
Syscoin segregation must be completed by 1 November 2025.
Index Fund transfers or withdrawals will be completed before 1 December 2025.
DefiChain closure will be handled centrally by the end of October 2025.
All processes will be handled securely and transparently, in compliance with UK law. No investor will lose access to their assets or be forced into unwanted sales.
Questions
If you have questions or wish to confirm your preferences early, you can reply to this message or complete the short form that will be sent out with your individual communication.
I fully appreciate that some of you may feel uncertain or disappointed by this news. Please know that this is a strategic, planned wind-down, not a collapse, and every step has been designed to protect your assets and give you clear, fair options.
Thank you for your trust and support throughout InCrypto’s journey.
Yours sincerely,
Peter Bryant-Cooke
Managing Partner
InCrypto Wealth LLP