๐ CoinShares, a digital asset manager, has announced an exclusive option to acquire Valkyrie Funds ETF division from Valkyrie Investments. This is the next phase of CoinShares' penetration into the US market, following the launch of CoinShares Hedge Fund Solutions in September this year.
๐ Here are the key points:
- The acquisition option is valid until March 31, 2024.
- CoinShares wants to expand into the US market by acquiring Valkyrie Funds.
- The two companies have finalized a brand licensing agreement.
Let's discuss further in the comments column! Will CoinShares succeed in dominating the US market? ๐ฌ