CoinShares International Limited, the leading European investment company specializing in digital assets, announced the establishment of a U.S. central office based in New York City, marking a significant step in its U.S. expansion strategy.
The new office will strengthen the company’s presence in the world’s largest financial market. As a part of the growth initiative, CoinShares is actively recruiting for key roles in sales, marketing, operations, and compliance to support its commitment to scaling U.S. operations.
CoinShares’ new U.S. location represents a key milestone in its expansion strategy, following the recent acquisition of Valkyrie Funds LLC, a premier digital asset manager known for its actively managed ETFs, and the Sponsor rights to the CoinShares Valkyrie Bitcoin Fund from Valkyrie Investment Inc. The New York City office will serve as the primary hub for U.S. operations, allowing the Company to deepen its relationships with American counterparties and support the company’s growing client base across institutional and retail markets.
“The inauguration of our New York City Office marks a watershed moment in the Company’s expansion into the U.S. market, highlighting the growing significance of digital assets within the global financial ecosystem,” stated Jean-Marie Mognetti, Chief Executive Officer of CoinShares. “Our expansion in the U.S. not only augments our capacity for synergistic engagement with American stakeholders but also solidifies our position at the vanguard of the digital asset industry’s evolution. This underscores our commitment to leadership and innovation in this rapidly transforming sector.”
Since entering the U.S. market through the acquisition of Valkyrie, CoinShares has seen notable success, with its global assets under management (AUM) increasing to $5.5 billion. Valkyrie’s portfolio of ETFs, including standout products like the CoinShares Valkyrie Bitcoin Fund ($BRRR) and the CoinShares Valkyrie Miners ETF ($WGMI), has significantly contributed to CoinShares’ growth and established its foothold in the U.S. market.
Source: CoinShares
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
https://www.marketsmedia.com/as-technology-evolves-asset-managers-adapt-and-innovate/
Citi Changes Organizational Structure
https://www.marketsmedia.com/citi-changes-organizational-structure/
SEC Charges Virtu for Disclosures Relating to Information Barriers
https://www.marketsmedia.com/sec-charges-virtu-for-disclosures-relating-to-information-barriers/
ICE Futures Singapore Partners with CoinDesk Indices
https://www.marketsmedia.com/ice-futures-singapore-partners-with-coindesk-indices/
Related articles
-
SIFMA operations conference panel assesses the impact of technological advances and market volatility.
-
This brings the total capital raised across Apollo's S3 platform to nearly $10bn since 2022.
-
The manager is launching its first private multi-asset credit interval fund.
-
The fund is Morgan Stanley Investment Management's first evergreen private equity offering.
-
This bridges TradFi and DeFi by increasing the utility of real world assets on-chain.