TechFlow news, according to The Block, CoinShares released its first-quarter financial report, stating that its revenue, earnings, and other income increased by 216% year-on-year to £43.9 million ($55 million). As of March 31, the total assets under management by the investment firm also reached £4.77 billion ($6 billion).
It is reported that CoinShares completed the acquisition of Valkyrie Funds on March 12, including its BRRR spot Bitcoin ETF, enabling the European asset manager to expand into the U.S. market.
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