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COINSHARES INTL (CNSRF) Stock News, Nov-Dec 2021

CNSRF OTC

CoinShares International Limited reports developments as a publicly listed digital asset investment manager focused on crypto-related financial services. Company updates cover investment management, trading and securities activities, quarterly results, capital markets performance, treasury effects from digital asset markets, and expansion of services for financial advisers and institutional clients.

Recurring news also includes CoinShares research on digital assets, tokenization, stablecoins and the integration of blockchain infrastructure with traditional finance. Regulatory developments include the French subsidiary CoinShares Asset Management receiving MiCA authorisation alongside existing AIFM and MiFID permissions, as well as broader updates tied to the company’s regulated activities in Europe and the United States.

Rhea-AI Summary

CoinShares, Europe’s largest digital asset investment firm, announced a groundbreaking free-trading agreement with S Broker, which will allow customers to trade CoinShares' physically-backed crypto ETPs without fees from December 1 to December 31, 2021. Starting in 2022, S Broker clients can integrate CoinShares ETPs into their savings plans at no extra cost. This agreement responds to the growing demand for cryptocurrency investments, as noted by S Broker's strong client interest in blockchain products. CoinShares aims to expand investor access to digital assets through this collaboration.

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CoinShares International Limited has received approval to trade on the OTCQX market in the United States under the symbol CSNRF, with trading set to commence today. CoinShares, Europe's largest crypto firm, aims to enhance shareholder value and expand access to digital assets. The firm boasts a robust infrastructure and continues to grow through acquisitions and strategic investments. Trading on the OTCQX will provide U.S. investors easier access to CoinShares' shares. The company's commitment to delivering innovative financial products is highlighted by its ongoing expansion into new markets.

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OTC Markets Group Inc. announced that Coinshares International Limited (OTCQX: CNSRF) has qualified to trade on the OTCQX® Best Market, moving up from the Pink® market. This upgrade aims to enhance transparency for U.S. investors. Starting today, Coinshares International Limited's stock is available for trading under the symbol CNSRF. The company's CEO emphasized that this milestone supports their strategy to increase shareholder value and broaden access to the digital asset ecosystem.

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FAQ

What is the current stock price of COINSHARES INTL (CNSRF)?

COINSHARES INTL (CNSRF) last closed at $11.

What is the market cap of COINSHARES INTL (CNSRF)?

The market cap of COINSHARES INTL (CNSRF) is approximately $720.9M.