Welcome to our dedicated page for Coinshares Intl news (Ticker: CNSRF), a resource for investors and traders seeking the latest updates and insights on Coinshares Intl stock.
CoinShares International Limited (CNSRF) provides investors with comprehensive updates on its pioneering work in digital asset management and regulated crypto financial services. This centralized news hub tracks the European leader's strategic developments, regulatory milestones, and market-moving announcements.
Key updates include earnings reports, product innovations like the Physical Bitcoin ETP, regulatory compliance achievements across multiple jurisdictions, and strategic partnerships. Investors gain timely insights into the company's Nasdaq Stockholm/OTCQX-listed operations while maintaining strict adherence to financial disclosure standards.
This resource serves both institutional and retail investors seeking to monitor CoinShares' leadership in cryptocurrency investment solutions. Content is curated to reflect the company's core focus areas: blockchain-based financial products, digital asset security protocols, and institutional-grade crypto market access.
Bookmark this page for direct access to verified corporate announcements and analysis-free reporting on one of Europe's most regulated digital asset enterprises.
CoinShares International announces the renaming of its recently acquired Valkyrie Funds products to CoinShares Valkyrie, effective October 31, 2024. This follows CoinShares' acquisition of Valkyrie Funds in March 2024. The rebranding affects three ETFs: the Bitcoin and Ether Strategy ETF, Bitcoin Futures Leveraged Strategy ETF, and Bitcoin Miners ETF, while maintaining their existing ticker symbols. The change is part of a transitional strategy to create a unified product lineup under the CoinShares brand by 2025, with no changes to the funds' investment objectives, strategies, or management.
CoinShares International (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading European digital asset investment company, has opened a central office in New York City as part of its U.S. expansion strategy. This move follows the recent acquisition of Valkyrie Funds and the Sponsor rights to the CoinShares Valkyrie Bitcoin Fund. The company is actively recruiting for key roles in sales, marketing, operations, and compliance to support its U.S. growth.
CEO Jean-Marie Mognetti stated that this expansion highlights the growing significance of digital assets in the global financial ecosystem and solidifies CoinShares' position in the industry. Since entering the U.S. market, CoinShares has seen success, with its global assets under management (AUM) increasing to $5.5 billion. The company's portfolio includes notable ETFs like the CoinShares Valkyrie Bitcoin Fund ($BRRR) and the CoinShares Valkyrie Miners ETF ($WGMI).
CoinShares has successfully sold its FTX claim, achieving a recovery rate of 116%, netting £31.32 million on a £26.6 million claim. This agreement, subject to closing conditions, bolsters CoinShares' financial health, providing significant benefits for shareholders and clients. The increased financial flexibility will enable CoinShares to reinvest in growth opportunities and enhance its market position. Jean-Marie Mognetti, CEO, emphasized the positive impact of this recovery on shareholder rewards and future growth in the digital asset industry.
CoinShares reported its Q1 2024 results, marking its most successful quarter in history. The company experienced a 216% YoY increase in revenue, gains, and other income, reaching £43.9 million. Adjusted EBITDA rose over four times YoY to £34.2 million, and total comprehensive income surged over 11x YoY to £34.1 million.
Key highlights include the acquisition of Valkyrie's ETF business in March 2024, enhancing CoinShares' global presence. The Asset Management division saw strong inflows, particularly from CoinShares Physical. The Capital Markets & Hedge Fund Solutions division delivered strong top-line performance due to vibrant market activity and gains from staking and trading.
The Board approved a new dividend policy, with an annual dividend of 20%-40% of the Group's total comprehensive income.
CoinShares International has published its 2023 Annual Report, showcasing a total revenue of £85.7 million, an adjusted EBITDA of £57.3 million, and a net asset position of £239.2 million as of December 31, 2023. The report highlights the firm's performance in asset management, capital markets, and hedge fund solutions, with a strategic focus on innovation, expansion, and market penetration.
CoinShares International Limited (CNSRF) reported its Q2 2022 financial results, revealing total revenue of £14.2 million, down from £19.6 million in Q2 2021. The company faced an adjusted EBITDA loss of £8.2 million, driven by a one-off £17.7 million loss due to the liquidation of its holdings in UST. Despite these challenges, the year-to-date results show an adjusted EBITDA of £10.5 million and comprehensive income of £20.1 million. The company is shifting to a more defensive strategy, aiming to reduce costs while preparing for future opportunities, including plans to uplist to Nasdaq Stockholm.
FAQ
What is the current stock price of Coinshares Intl (CNSRF)?
What is the market cap of Coinshares Intl (CNSRF)?
