CoinShares Exercises Option to Acquire Valkyrie Funds

Key Facts

CoinShares' decision to exercise this option comes as a direct result of SEC approval for the issuance of Valkyrie's spot Bitcoin ETF, The Valkyrie Bitcoin Fund (BRRR), which commenced trading on Thursday 11th January 2024 at 09:30 am ET on Nasdaq as part of the first cohort of issuers for such products in the U.S.
CEO of CoinShares, Jean-Marie Mognetti, commented on today's news: "Since our inception in 2014, CoinShares has consistently led the European digital asset industry, setting benchmarks for transparency and investor protection with its regulated digital asset products.
Leah Wald, CEO of Valkyrie Funds, stated: "CoinShares has established itself as a premier player in the digital asset space and we're excited to see how they continue advancing the space by leveraging Valkyrie's team and expertise.
ABOUT COINSHARES CoinShares is the European leading investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals.