CoinShares Exercises Option to Acquire Valkyrie Funds

January 12, 2024

CoinShares has confirmed the exercise of its strategic option to acquire Valkyrie Funds, thereby bolstering its entrance into the U.S. market.

SAINT HELIER, Jersey, Jan. 12, 2024 /PRNewswire/ — CoinShares International Limited (“CoinShares” or “the Company”) (Nasdaq Stockholm: CS; USOTCQX: CNSRF), today announced it has exercised the option to acquire Valkyrie Funds LLC (“Valkyrie Funds”), the U.S. digital asset manager’s investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. (“Valkyrie Investments”).

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