Breaking: CoinShares Acquires Valkyrie Bitcoin ETF To Strengthen US Presence

Breaking: CoinShares Acquires Valkyrie Bitcoin ETF To Strengthen US Presence

In a strategic move aimed at bolstering its foothold in the U.S. digital asset market, CoinShares International Limited, a leading European digital asset management firm, has announced its acquisition of Valkyrie Funds LLC, along with the Sponsor rights to the Valkyrie Bitcoin Fund, a physically-backed Bitcoin ETF. Notably, this acquisition marks a significant milestone in the firm’s expansion strategy, leveraging Valkyrie’s regulatory licenses and innovative product offerings to enhance its presence in the United States.
CoinShares Acquires Valkyrie Bitcoin ETF Business
CoinShares International Limited (CS), renowned for its expertise in digital assets, has completed the acquisition of Valkyrie Funds LLC, solidifying its commitment to the U.S. market. With approximately $530 million in assets under management (AUM) from Valkyrie, CoinShares’ global AUM now stands at approximately $7.3 billion as of March 11, 2024.
Notably, this strategic move, as announced by CoinShares, aligns

Czytaj więcej

We współpracy z: https://coingape.com/coinshares-acquires-valkyrie-bitcoin-etf-strengthen-us-presence/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy