BlockBeats News: On October 23rd, according to (Bitcoin.com) News, European digital asset investment company Coinshares International announced the opening of an office in New York City, marking a crucial step in its US expansion strategy. This move aims to strengthen the company's influence in the US financial market and closely follow its acquisition of Valkyrie Funds. The newly established New York office will serve as the core of Coinshares' US business, enhancing the company's ability to serve the rapidly growing US institutional and retail customer base. The company is actively recruiting sales, marketing, and compliance positions to support this expansion plan.
By acquiring Valkyrie Funds, Coinshares has increased its managed assets to $5.5 billion. Valkyrie Funds is known for its actively managed exchange traded funds (ETFs), including popular products such as Coinshares Valkyrie Bitcoin Fund and Miner ETF. The establishment of our New York office is a milestone in our entry into the US market, highlighting the growing importance of digital assets in the global financial ecosystem. This not only enhances our ability to collaborate with US stakeholders, but also consolidates our leading position in the development of the digital asset industry, "said Jean Marie Mognetti, CEO of Coinshares
