Halda, the first possessor of the demon crown
The demon crown may have been named after this demonic creature. In old norse, Halda is the verb "To hold in hand." Whether or not halda is holding something or not in the statue made by Numahachi (Shown above) is up to you. Halda seized control of the demon crown after Misery had ballos create it. However, he was overthrown by Annachponae awhile later. Halda may have created Balrog during its rein, which was longer than any other possessor's, but no one knows for sure.