CoinShares tees up potential buy of Valkyrie’s crypto ETF wing

CoinShares has secured an “exclusive option to acquire Valkyrie Funds,” the asset manager’s investment advisory business centered on crypto ETFs.

The deal was announced through a press statement on Thursday.

Additionally, CoinShares and Valkyrie have entered into a brand licensing agreement for Valkyrie’s products. This agreement means that Valkyrie has permission to use the CoinShares name for specific products and regulatory filings; most notably its pending Bitcoin spot ETF.

“Throughout the option period, Valkyrie Investments is granted a limited, revocable global license to use the “CoinShares” name for its S-1 filings with the SEC. Should the SEC approve the Valkyrie…

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