Crypto investment firm CoinShares opens hedge fund division for US investors

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European crypto asset manager CoinShares is launching a hedge fund division in the United States, citing growing demand for crypto investment solutions.

. The requirements of institutional cryptocurrency investors are “constantly evolving with the changing risk landscape,” he noted.

A spokesperson for CoinShares told Cointelegraph that the new hedge fund commenced operations in August 2023."Since January, Lewis and the team have been developing the strategies and refining the platform," the representative noted. The new hedge fund division features crypto investment products aiming to connect traditional investors and the digital asset industry. Without specifying the exact crypto products, the announcement mentioned a wide number of its products coming to the United States, stating:

“By offering a diverse range of products, across the spectrum of beta and alpha strategies with hybrids in between, CoinShares aims to cater to the unique needs of each institution, facilitating the creation of a well-rounded and optimised crypto portfolio.” CoinShares Capital, a fully-owned subsidiary of CoinShares and a broker-dealer registered with the United States Financial Industry Regulatory Authority, will be conducting marketing activities to qualified U.S. investors for CoinShares Hedge Fund Solutions’ products."CoinShares Limited has been registered with the Securities and Exchange Commission as an exempt reporting adviser," a spokesperson for CoinShares also wrote in a statement.

 

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