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CoinShares Acquires Valkyrie ETF Business: Details

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CoinShares veers into spot Bitcoin ETF scene with Valkyrie takeover

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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.

 

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Bitcoin Investment Products Saw Inflows of $570M Last Week: CoinSharesShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Fonte: CoinDesk - 🏆 291. / 63 Leggi di più »