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CoinShares International Limited (CS) provides investors with comprehensive access to official corporate announcements and market analysis in the digital asset sector. This curated news hub aggregates all material developments including regulatory filings, product launches, and strategic partnerships.
As a regulated investment firm operating across multiple jurisdictions, CoinShares disclosures offer insights into evolving cryptocurrency markets through the lens of institutional-grade financial services. Key updates cover exchange-traded product innovations, treasury management strategies using digital assets, and compliance milestones with global financial authorities.
This resource serves financial professionals seeking to monitor:
• Quarterly financial performance reports
• Digital asset ETP listings and expansions
• Regulatory compliance updates across operating regions
• Strategic acquisitions and partnership announcements
• Market commentary on cryptocurrency investment trends
All content is sourced from verified corporate communications and vetted financial reporting. Bookmark this page for real-time updates on one of digital finance's most active institutional participants.
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.
Leopard Asset Management (LAM) is calling on Sun shareholders to hold the company's management accountable for failing to increase shareholder value. LAM has highlighted Sun's undervaluation, primarily due to its significant holdings in Cellebrite (NASDAQ: CLBT), and other liquid assets.
Since LAM's campaign in March 2024, Sun's share price briefly increased by 23% but fell by 19% after a disappointing AGM agenda was released, indicating a lack of trust in management.
LAM urges shareholders to vote against CEO Ryusuke Utsumi and his team in the upcoming June 25 AGM, citing management's failure to take meaningful action to close the valuation gap.
Sun's shares are valued at ¥7,200 based on liquid assets, far above the current market price of ¥3,300, emphasizing the need for a change in leadership to realize the company's true value.
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.
