Demirors Joins Kingdom Trust Board to Aid Digital Asset Expansion

Kingdom Trust’s Choice platform offers clients exposure to traditional investment vehicles commonly found in retirement accounts, but, more notably, it also offers exposure to bitcoin.

article-image

Blockworks exclusive art by Axel Rangel

share

key takeaways

  • Demirors will serve on the Kingdom Services Holdings board of directors to help expand the Choice platform
  • The board appointment is Demirors’ latest position in the digital assets space. Last month, she was named as a Stacks Foundation board member

Kingdom Trust, the company behind retirement account provider Choice, has named CoinShares chief strategy officer Meltem Demirors as its latest board member. 

As a Kingdom Services Holdings board member, Demirors will help to broaden reach and access for clients looking to expand their retirement account exposure into digital assets.

Choice offers clients exposure to traditional investment vehicles commonly found in retirement accounts, but, more notably, it also offers exposure to bitcoin. 

Choice currently powers over 125,000 retirement accounts and has more than $18 billion in assets under custody across more than 20,000 assets. Demirors is eager to expand access to digital assets. 

“While firms like Goldman Sachs are working on offering bitcoin to only their wealthiest clients, Choice is working on democratizing access for everyone,” said Meltem Demirors. “Having worked with the Choice team over the last year, I have experienced first-hand this team’s dedication to trust, transparency, and the best interests of their clients

The board appointment is Demirors’ latest position in the digital assets space. Last month, she was named as a Stacks Foundation board member. She will devise and implement strategies for building smart contracts, decentralized apps (dApps) and non-fungible tokens (NFTs), which are commonly built on ethereum, within bitcoin’s ecosystem through connections with the Stacks blockchain.

Prior to her current position at CoinShares, Demirors served as vice president of the Digital Currency Group. An outspoken advocate for bitcoin and digital assets, Demirors has invested in over 250 companies in the industry over the last six years.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Avail.jpg

Research

Data publishing costs have historically been a bottleneck for rollups, and as more rollups launch, interoperability will continue to be a major challenge. Avail presents a potential solution to rollup fragmentation through its three products: Avail DA, Nexus, and Fusion, which together aim to unify the web3 experience.

article-image

Celo’s layer-2 will aim for a summer 2024 testnet

article-image

Like any new idea, restaking protocols will need a long break-in period to ensure their technical safety — but that’s doesn’t mean they’re not extremely promising

article-image

The Nakamoto upgrade will enhance transaction throughput and enable Bitcoin finality for layer-2 transactions

article-image

Miners may not have even noticed the halving took place over the weekend, with fees largely making up the difference so far

article-image

Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level

article-image

Runes, crypto taxes and Binance’s execs stuck in Nigeria