Key Notes

CoinShares has announced plans to acquire Bastion Asset Management.

This deal marks a push towards expanding its actively managed offerings.The European asset manager is also pushing to establish itself in the United States.

Leading European asset manager CoinShares is set to acquire Bastion Asset Management, a London-based firm that is regulated by the UK Financial Conduct Authority (FCA). This move is strategic and aims to strengthen CoinShares’ actively managed crypto-related capabilities.

CoinShares in Strategic Deal With Bastion

On October 1, CoinShares announced the acquisition of Bastion, marking its push towards expanding its actively managed offerings. This company is currently in the phase where it is pursuing its evolution into a digital asset management platf

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