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(Kitco News) - Tighter regulations in the US are a market opportunity for CoinShares.
As the US cryptocurrency crackdown intensifies, causing some companies to consider moving abroad to more welcoming jurisdictions, European alternative asset manager CoinShares has announced the launch of its hedge fund division. coverage, CoinShares Hedge Fund Solutions, which will make its digital asset offerings available. to qualified US investors.
"For the first time, CoinShares will make its offerings accessible to qualified US investors across a range of private investment products, marking CoinShares' expansion beyond its established European base," said the Press release saying. "CoinShares is committed to becoming the premier destination for institutions in the digital assets space."
The firm seeks to offer American investors access to "a wide range of products, across the spectrum of beta and alpha strategies with intermediate hybrids", which will allow them to "address the unique needs of each institution, facilitating the creation of a crypto portfolio complete and optimized,โ CoinShares said.
The new platform will provide institutional clients with all the tools and resources necessary to participate in the complicated world of digital assets more easily, removing one of the biggest barriers to entry into cryptocurrencies.
โCoinShares Capital LLC, a wholly owned subsidiary of CoinShares and a broker-dealer registered with the Financial Industry Regulatory Authority (FINRA), will conduct marketing activities to qualified investors in the United States in support of the strategies and strategies from CoinShares Hedge Fund Solutions. products,โ they said.
With extensive experience in the field of digital assets and licenses to operate in key markets, CoinShares has the ability to offer premium products that meet the due diligence requirements of institutional investors equal to those of more traditional offerings from financial institutions. established.
"The design of our strategies reflects the team's deep and practical knowledge of digital assets and shows the firm's ability to develop new products that meet the demands of institutional investors," said Lewis Fellas, head of hedge fund solutions. from CoinShares. โThe long-awaited return of interest rate-driven volatility is a huge opportunity that we plan to capitalize on with our novel fund products. โEach product that will be offered is designed to mitigate counterparty risk while offering investors clearly defined asset classes and strategic exposures.โ
CoinShares is best known for its crypto ETPs, research, and venture arms. They currently offer a wide range of crypto products, including single-asset ETPs for Bitcoin, Ethereum, Litecoin, XRP, Polkadot, Tezos, and Solana. They also have multi-asset products, such as the CoinShares Physical Top 10 Crypto Market ETP and the CoinShares Physical Smart Contract Platform ETP, which track the performance of a basket of cryptocurrencies.
CoinShares also offers a number of staking ETPs, giving investors exposure to the underlying cryptocurrency as well as staking rewards.
The company's crypto ETPs can be purchased as stocks, bonds or ETFs, through participating investment platforms in Europe, including the London Stock Exchange, the Swiss SIX Exchange and the Nasdaq First North Growth Market, with this latest expansion will make its products available to institutional investors in the US.
โIn a changing macro environment marked prominently by interest rates and inflation, the demand for actively managed exposure to digital assets is a natural progression,โ said Jean-Marie Mognetti, CEO of CoinShares. โBacked by a decade-long legacy in the digital asset industry and a team with more than two decades in hedge funds, the new division represents the latest step in the evolution of CoinShares. โOur products are focused on delivering a premium experience to our investors and we are delighted to enrich our long-term, exclusive asset management offerings by returning to our core foundation programme.โ
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