🌐 CoinShares Eyes U.S. Expansion! 🚀 European digital asset management firm, CoinShares, holds an option to acquire 'Valkyrie Fund,' the cryptocurrency ETF-focused arm of U.S. asset management company Valkyrie Investments, per Blockworks. 💼 CoinShares also secures a brand licensing deal, granting Valkyrie the use of the CoinShares brand name in specific products and regulatory filings, notably in the pending Bitcoin spot ETF with the SEC. 📈 If approved, Valkyrie plans to integrate the CoinShares brand, marking CoinShares' inaugural entry into the U.S. through a cryptocurrency passive product. 🇺🇸💰 The acquisition option is in play from November 16 to March 31 of the following year, during which Valkyrie will continue operating independently.
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🌐 CoinShares Eyes U.S. Expansion! 🚀 European digital asset management firm, CoinShares, holds an option to acquire 'Valkyrie Fund,' the cryptocurrency ETF-focused arm of U.S. asset management company Valkyrie Investments, per Blockworks. 💼 CoinShares also secures a brand licensing deal, granting Valkyrie the use of the CoinShares brand name in specific products and regulatory filings, notably in the pending Bitcoin spot ETF with the SEC. 📈 If approved, Valkyrie plans to integrate the CoinShares brand, marking CoinShares' inaugural entry into the U.S. through a cryptocurrency passive product. 🇺🇸💰 The acquisition option is in play from November 16 to March 31 of the following year, during which Valkyrie will continue operating independently.