TechFlow News: CoinShares announced the successful sale of its FTX claims. The agreement was signed today and is subject to customary closing conditions. After deducting brokerage fees, the recovery rate is 116%, which means a return of £31.32 million on £26.6 million of claims. The financial flexibility brought by this transaction will enhance CoinShares' reinvestment capabilities and drive the company's investment in growth opportunities.

Jean-Marie Mognetti, CEO of CoinShares, said: “The resolution of the FTX matter is extremely positive for CoinShares. This exceptional recovery rate is a testament to the diligence and expertise of our team. We remain committed to leveraging this success to reward our shareholders and drive further growth and innovation in the digital asset industry.”