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CoinShares Group Signs on as Early Adopter of World Economic Forum's Presidio Principles

Principles serve as “Blockchain Bill of Rights”, laying out foundational values for a decentralized future.

22nd May 2020

SAINT HELIER, Jersey – May 22, 2020 – The CoinShares Group, a digital asset focused financial services firm, today announced that it has signed on as an Early Adopter to support the World Economic Forum’s (WEF) Presidio Principles as part of its ongoing mission to serve as a trusted advisor in the digital asset ecosystem.

Developed by the World Economic Forum Global Blockchain Council, the Presidio Principles establish a global baseline for building blockchain applications that respect participant rights, safeguard data and protect users. Meltem Demirors, Chief Strategy Officer of CoinShares Group, has been a member of the Blockchain Council since inception, and worked closely with WEF and other stakeholders to draft the principles, gather input from the broader community, and finalize them to be as broadly inclusive as possible.

The principles serve as foundational values for a decentralized future and function as a call for developers, governments, executives, international organizations, corporate boards, and asset managers to uphold and apply these values as they develop, and invest in, blockchain applications. To review all of the Presidio Principles, please click here.

Demirors commented, “As fiduciaries, it is our responsibility to act not only in the interest of our investors, but also in a manner that better aligns investor outcomes with the broader objectives of society. By incorporating the Presidio Principles into our investment analysis, ownership policies, and disclosures, we will introduce a voluntary set of investment guidelines for professional asset managers allocating institutional capital into digital currencies and blockchain networks.”

Individuals and organizations alike can sign on and adopt the Presidio Principles here.

About the CoinShares Group

At CoinShares, our mission is to expand access to the digital asset ecosystem while serving as trusted partners for our clients. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system, and that investors should be able to participate in this transformation. We achieve this mission by providing institutional-grade investments products and services for digital asset investors. The CoinShares Group is a pioneer in digital asset investing and manages hundreds of millions in assets on behalf of a global investor base, with offices in Jersey, Stockholm, London, and New York.


For more information on CoinShares, visit:
https://coinshares.com/

Media Contact
Megan Carey
646 859 5953
[email protected]

SOURCE CoinShares Group

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