CoinShares Expands U.S. Presence with New York Office Opening

CoinShares International has taken a significant step in its U.S. expansion by opening a new office in New York City. This strategic move underscores the digital asset investment firm’s commitment to strengthening its position in the U.S. financial market.

For CoinShares’ U.S. activities, the recently opened New York office will act as the focal point, fostering closer ties with American partners. To further demonstrate its dedication to the U.S. market, the European company has also been actively hiring for positions in sales, marketing, and compliance. This growth follows CoinShares’ purchase of Valkyrie Funds, a digital asset management with headquarters in the United States. With this acquisition, CoinShares now manages $5.5 billion in assets and has access to Valkyrie’s well-known exchange-traded funds (ETFs), including the Miners ETF and the CoinShares Valkyrie Bitcoin Fund.

By integrating Valkyrie’s successful products, CoinShares has expanded its influence and product offerings, making substantial inroads into the U.S. financial ecosystem.

CEO Highlights the Firm’s Vision

CoinShares CEO Jean-Marie Mognetti emphasized the significance of this U.S. expansion, noting the growing role of digital assets in global finance. “The inauguration of our New York City office marks a watershed moment in the Company’s expansion into the U.S. market, highlighting the growing significance of digital assets within the global financial ecosystem,” said Mognetti. He added that the move strengthens relationships with American stakeholders and reinforces CoinShares’ leadership in the evolving digital asset industry.

With this expansion, CoinShares is well-positioned to cater to a broad range of institutional and retail clients in the United States, solidifying its role as a key player in the digital asset space.