Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
This acquisition represents CoinShares' strategic push into the U.S. market, enhancing its position as a global asset management leader. CoinShares said it plans to leverage Valkyrie's ETF infrastructure to expand its asset management business in the U.S., focusing on product innovation and market differentiation.
Jean-Marie Mognetti, CEO of CoinShares, commented on the acquisition, stating,"the U.S. represents a critical market for any asset manager and with a dedicated platform as well as the right product-market fit, CoinShares is poised to deliver significant value to its stakeholders.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »