Digital asset manager CoinShares agreed to buy French crypto investment product provider Napoleon Crypto SAS for €13.9 million ($15.7 million).The transaction will be settled in cash and shares with the issuance of 363,636 new shares at €10.80 ($12.2) each, CoinShares announced Wednesday.The deal is expected to be completed in the second week of December.Napoleon provides … [Read more...] about CoinShares Acquires Crypto Investment Provider Napoleon for $15.7M
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Invesco India and CoinShares to Launch ‘Feeder Fund’ of Blockchain Stocks
“Some investors may think there is a shortcut to investing in an equity blockchain fund where they have exposure to crypto. However, with the current hype and certain crypto bans in India, many may be forced to invest as this is the only choice available,” said Kssis. Source link … [Read more...] about Invesco India and CoinShares to Launch ‘Feeder Fund’ of Blockchain Stocks
CoinShares to acquire ETF index business from Alan Howard’s crypto firm
European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement.Elwood — which is owned by billionaire hedge fund manager Alan Howard — is known for its partnership with … [Read more...] about CoinShares to acquire ETF index business from Alan Howard’s crypto firm
Hodlers see opportunity in Bitcoin price crash, CoinShares exec says
The downward trend in Bitcoin’s (BTC) price following its April all-time high might be worrying for first-time investors. Still, CoinShares chief strategy officer Meltem Demirors believes that most of the long-time holders are not selling, and this is a correction to weed out panic sellers. Speaking to CNBC, Demirors underscored that Bitcoin is here to stay, and after 200 days … [Read more...] about Hodlers see opportunity in Bitcoin price crash, CoinShares exec says