Coinshares expands with new office in New York

Coinshares International has opened an office in New York City as part of its strategy to expand in the United States. 

The new location aims to serve as the firm’s U.S. operations hub, strengthening its engagement with American clients and counterparties. 

The digital asset investment firm has been actively hiring for sales, marketing, and compliance roles to support its U.S. growth. 

Coinshares’ expansion aligns with its recent acquisition of Valkyrie Funds, a U.S.-based digital asset manager known for its actively managed exchange-traded funds (ETFs). 

This acquisition increased Coinshares’ assets under management to $5.5 billion, leveraging Valkyrie’s popular offerings like the Coinshares Valkyrie Bitcoin Fund and the Miners ETF. 

Jean-Marie Mognetti, CEO of Coinshares, emphasised the significance of digital assets in the global financial landscape. 

He remarked, “The inauguration of our New York City office marks a watershed moment in our expansion into the U.S. market, highlighting the growing importance of digital assets within the global financial ecosystem.” 

Coinshares’ move demonstrates its commitment to expanding its influence in the U.S. financial market while building stronger relationships with American stakeholders. 

According to Mognetti, the new office and recent acquisitions underscore Coinshares’ dedication to innovation and growth within the evolving digital asset industry. 

With this expansion, Coinshares aims to cater to a broader institutional and retail client base in the United States, capitalising on growing demand for digital asset products and investment solutions.