The People Behind Youxia Crypto Asset Management
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Get in touchIn my interactions with Kenton I have most appreciated that truth is important to him. No excuses, no evasions, and no omissions of inconvenient information. I find him to be a focused and principled independent thinker. He has a genuine desire to do well by his clients and fully deserves their trust.
Kenton grew up in Alberta, Canada. He has a mechanical engineering degree from the University of Calgary and was a petroleum engineer for a decade — working in Canada, Yemen, Libya, and Cuba. He’s a registered Professional Engineer with APEGA. During his engineering career, Kenton fell down the rabbit hole of fiat money and central banking. He found Austrian Economics which forms the core of his investment philosophy.
His passion for the subject led to selling precious metals through Miles Franklin, one of the largest bullion dealers in the United States, and becoming an Investment Executive with Sprott Asset Management, the largest precious metals boutique investment firm in the world.
Kenton’s career with Sprott spanned another decade where he oversaw a $50 million book. He managed portfolios of mining stocks for high-net-worth individuals and advised clients on investing in private placements, investment funds, and alternative investments. He started helping clients invest in crypto in 2015.
Recognizing the lack of products and resources available for people to invest in crypto, Kenton started Youxia Crypto, a financial advisor and asset management company focusing on cryptocurrencies, and specializing in Thorchain, RUNE, in 2022.
Kenton believes crypto is more than just about trying to make money, it’s about creating freedom for yourself and the rest of the world.
Kenton is a voluntarist and contrarian. He enjoys skiing, beach volleyball, scuba diving, live music, yoga, and traveling.
Elena is from Romania. She studied automotive engineering at the Politehnica University of Bucharest and finance at the Bucharest University of Economic Studies. She speaks Romanian, English, German, Spanish, and some Italian.
Elena moved to the US in 2011 and became a citizen in 2017. Since arriving in the US, she’s worked directly with customers at National Penn Bank and later as a permitting manager for Renewal by Andersen.
In 2020, she started with Sprott Asset Management as an Executive Assistant to Kenton. Her optimism on the future of DeFi is reflected in her decision to join Kenton at Youxia Crypto.
Elena is passionate about fitness, travel, photography, and Formula 1 racing.
The Meaning Behind Youxia
Yóu means wander, travel or move around, and xiá means someone with power who helps those in need. Imagine a wandering vigilante or knight errant.
This exemplifies what we’re all about.
Continue reading below.
In 1099, Christian armies captured Jerusalem from Muslim control which led to pilgrims from across Western Europe visiting the Holy Land. The journey could take up to a year and many of them were attacked along the way. The pilgrims needed some form of protection.
An obscure band of knights offered their services to protect the pilgrims. They were warrior monks, inspired by theology, a declaration of principles, and an ethical code. Their code made them act with honor, dignity, and grace, regardless of age or gender. They protected innocent lives. They were revered for being the first to enter battle and the last to retreat. They were the Knights Templar.
The Templars soon realized the attackers were thieves trying to steal from the pilgrim’s and it was their wealth that needed protection most. The solution was setting up Templar houses from Ireland to Jerusalem where pilgrims could deposit gold, silver, and jewels for safe keeping. Anything deposited with the Templars was not pooled or reinvested. It remained in its owners’ strongboxes and could not be accessed without the owner’s permission. The Templar’s duty to protect the wealth was incorporated into their moral code.
Pilgrims received a letter of credit for their valuables which could be redeemed at any Templar house along the journey. To help prevent fraud and enhance privacy the Templars used ciphers. Algorithms for scrambling the information on paper that only those with the secret key could read.
The Knights Templar invented safe deposit boxes, the traveler’s cheque, and ultimately the world’s first international banking system.
Templars invented all kinds of banking services to uphold human rights and privacy. They created the Swiss private banking model to defend privacy rights against religious and political persecution. They invented the common law trust for estate management and protection. They invented branch banking, bank bonds, certificates of deposit, and bank guarantees. This framework of banking, designed to be humanitarian for the people, is considered the foundations of modern banking. However, the Templars would completely reject the status of our current financial system – fiat currency, fractional reserve banking, and capital controls. Genuine Templar banking embodied the golden rule which arguably led humanity from the Middle Ages into the Renaissance.
During the Renaissance the idea of a Templar Knight, a warrior on a quest motivated by idealism, evolved into the Knight Errant. In Chinese literature this person is called a Youxia (you-sh-ia). The literal translation is wandering vigilante.
Yóu means wander, travel or move around, and xiá means someone with power who helps those in need. The xiá stressed the importance of being treated equally and defending the weak. A Youxia’s temperament and need for freedom caused them to roam the land and help those in need from the powers that be. Folktales describe them as being princes, poets, musicians, physicians, soldiers, merchants, monks and even humble farmers or butchers. Some were skilled with a sword. Others were just as clever with a pen.
Satoshi Nakamoto is a Youxia, a modern-day Knights Templar. Satoshi strolled into the financial world and righted the wrongs of conventional money. Satoshi invented Bitcoin, an egalitarian money that’s near impossible to censor, debase, or steal. For the first time in history, everyone on the planet can protect themselves from capital controls, inflation, and outright theft. Instead of needing a Templar on your side to protect your wealth all you need is a smart phone.
The invention of bitcoin set off a Cambrian explosion of cryptocurrencies that are laying the foundation for a new financial system. A system just as revolutionary as the Templar’s and just as idealistic as the Youxia. Decentralized Finance (DeFi) is inclusive to all peoples, most importantly the unbanked, who are excluded and oppressed by the traditional financial system (TradFi). Liberating the world from the tyranny of fiat money and central banking will usher society into a second renaissance.
Youxia Crypto is your trusted crypto investment advisor and guide on the journey. We navigate the complexities of investing in crypto for you. We’re a crypto asset management company driven by the same principles as the youxia and we’re inspired by crypto’s potential to lift the unbanked out of poverty, represented by the lower-case “y” in our name being the same size as the capital letters.
At Youxia Crypto, you come first.
Kenton’s deep commitment to client service, thorough and objective research, and transparency make him an outstanding investment professional.
He makes recommendations and investment decisions solely based on what he believes is best for the client at that moment and isn’t afraid to pivot to new strategies when circumstances change, or new information becomes available. When I work with Kenton, there is never a question about whose interest he prioritizes in his recommendations - it’s always the client’s.
PAUL M.
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