Core Viewpoint - CoinShares International Limited has announced the acquisition of Bastion Asset Management Limited, enhancing its capabilities in actively managed digital asset solutions and aiming to become a leading global asset manager in the digital asset space [1][2]. Group 1: Acquisition Details - The acquisition of Bastion, a London-based FCA-regulated crypto-focused alternative investment manager, will be fully integrated into CoinShares, including its strategies and team [1]. - The acquisition is subject to regulatory approval from the UK Financial Conduct Authority [1]. Group 2: Strategic Vision - CoinShares aims to combine passive beta products with sophisticated actively managed strategies to provide a comprehensive solution for digital asset investments [2]. - The acquisition aligns with CoinShares' vision to offer global investors a complete digital asset management solution [3]. Group 3: Enhanced Capabilities - Bastion brings a market-leading quantitative alpha investment approach to CoinShares, enhancing its active asset management capabilities [4]. - The integration of Bastion's expertise will support CoinShares in scaling and expanding its services to a broad range of institutional clients [5]. Group 4: U.S. Market Expansion - The combination of Bastion's alpha generation expertise with CoinShares' registered Investment Advisor status will facilitate the development of sophisticated, actively managed funds in the U.S. market [6]. - This positions CoinShares as a uniquely differentiated provider of institutional-grade, actively managed digital asset products compared to traditional asset managers and crypto infrastructure players [6]. Group 5: Company Background - CoinShares is a leading European asset manager specializing in digital assets, with approximately US$10 billion in assets under management [1][7]. - The firm has been focused on crypto since 2013 and is regulated in multiple jurisdictions, including Jersey, France, and the U.S. [7].

It's time to spotlight Coin Shares after the company listed on the NASDAQ last week via Spa. Joining us now is Jean Marie Magnetti, the CEO of Coin Shares. Jean Marie, thank you for being with us today and congratulations on your listing.>> Thank you for having me, Marley. We actually ended the combination agreement last week, so we're still listing in Sweden and we will be listed in the US, you know, hopefully at the end of the year. >> It's very exciting.Now, first, could you just tell us why you chose to ...