Thursday, December 12, 2024

CoinShares establishes hedge fund division

CoinShares, a leading European digital asset manager, has launched its hedge fund division, CoinShares Hedge Fund Solutions, marking its expansion to qualified U.S. investors. The company aims to become a premier destination for institutional investors by offering a diverse range of crypto products and a seamless experience.

CoinShares expands its offerings to U.S. qualified investors through CoinShares Hedge Fund Solutions.

Facts

  • CoinShares, a European digital asset manager, has announced the launch of its hedge fund division, CoinShares Hedge Fund Solutions.
  • This marks the first time CoinShares will make its offerings available to qualified U.S. investors, expanding beyond its European base.
  • CoinShares aims to be the preferred choice for institutions in the digital assets space, offering a variety of products, including beta and alpha strategies.
  • The company’s vision is to provide institutional clients with tools and insights for navigating the digital asset investment world effectively.
  • CoinShares Capital LLC, a subsidiary registered with FINRA, will conduct marketing activities in the United States.
  • CoinShares’ origins trace back to the commodity hedge fund Global Advisors and the regulated Global Advisors Bitcoin Investment Fund (GABI) in 2014.
  • The launch signals a transformation leveraging CoinShares’ expertise in crypto markets since 2016.
  • Lewis Fellas, with 23 years of industry experience, is appointed as Head of CoinShares Hedge Fund Solutions.
  • The division will utilize CoinShares’ expertise in trading and quantitative teams.
  • CEO Jean-Marie Mognetti highlights the demand for actively managed exposure to digital assets in the changing macro environment.
  • Lewis Fellas expresses excitement about leading the division and developing new products for institutional investors in the crypto space.

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