According to CoinMeta, and as reported by the Financial Times, an increasing number of high-net-worth individuals who have accumulated wealth through cryptocurrencies such as Bitcoin are facing rejection from traditional trust companies when seeking to set up offshore trusts for tax and wealth succession arrangements. Trust institutions are mainly concerned about issues such as the difficulty of verifying the source of funds, potential money laundering risks, volatile asset prices, and the responsibility of losing private keys. Some trust institutions that specialize in serving digital asset clients are taking on such business through on-chain analysis and enhanced compliance reviews, but most mainstream trust institutions remain cautious, fearing legal and reputational liabilities in the future due to the origin of crypto assets or significant devaluation.