On March 12, 2024, CoinShares International Limited announced that it acquired Valkyrie Funds LLC.
CoinShares International Limited (“CoinShares”) announced on March 12, 2024, that is acquired Valkyrie Funds LLC (“Valkyrie”), the investment advisory business of Valkyrie Investment Inc. CoinShares also obtained the sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed Bitcoin ETF. Further terms of the deal were not disclosed.
CoinShares (Nasdaq First North Growth Market: CS), based in London, is a digital asset investment firm that provides financial services in investment management, trading, and securities. CoinShares has approximately $7.3 billion assets under management.
Valkyrie, based in Nashville, Tennessee, is a financial services firm specializing in traditional finance and digital asset sector. Valkyrie has $530 million in assets under management.
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