Regal Assets Taps Kingdom Trust As Custodian To Unlock Value In Crypto Assets

News | October 31, 2019 By:

US-based custodial firm Kingdom Trust has teamed with crypto investment company Regal Assets to drive differentiated multi-asset self-directed retirement product.

Kingdom Trust is a state-regulated public trust company. For nearly a decade, the firm has assisted clients with regulatory compliance by serving as a qualified custodian and specializing in a variety of asset classes. The firm claims to be the first regulated financial institution to offer qualified custody for digital asset investments. It provides custody services for over 30 different assets, including bitcoin, Bitcoin Cash, Bitcoin Gold, ethereum, Ethereum Classic, Litecoin, Ripple, ZCash and Stellar Lumens.

Regal Assets helps investors diversify their portfolio with cryptocurrencies and precious metals. The company has offices in the US, Canada, the UK and the UAE, and has attracted the support and business of prominent figures and celebrities including Dennis Miller, Laura Ingraham and Lars Larson.

Regal Assets is working with Kingdom Trust to offer the lowest trading fees in crypto self-directed IRA market. Through Kingdom, Regal clients will trade crypto assets without needing to establish their own accounts on crypto exchanges. Regal will facilitate each step of the process, allowing its clients to focus on the end result, i.e. unlocking and optimizing their financial future.

“With $8.8 trillion in assets invested in the IRA space, and increased awareness across all demographics around the value of alternative assets including crypto, Kingdom believes that the future lies in multi-asset products,” said Karen Wendel, Chief Commercial Officer at Kingdom. “We also understand that investing in alternative assets is not always an easy proposition, which is why we are thrilled to have a strategic relationship with a player like Regal, who removes the hurdles and turns alternative asset investing into a powerful tool for their clients.”

Tyler Gallagher, CEO of Regal Assets, said that Regal has always been at the forefront of the alternative asset investment space, which has allowed the company to grow and be positioned as the premier provider of alternative asset investing option.

“By introducing a multi-asset approach that includes a broad range of crypto currencies and trading, combined with our expertise in the precious metals and our understanding of the emerging tokenization environment, we are delivering a solution that is not only unique but immensely attractive for busy sophisticated investors, said Gallagher. “We selected Kingdom to help us drive this vision because they understand the multi-asset space and they have a long, proven track record. We are very excited about the future.”