CoinShares to Acquire FCA-Regulated Bastion to Boost Active Crypto Strategies
European digital asset manager CoinShares is set to acquire Bastion Asset Management, a UK-based, FCA-regulated firm known for its systematic crypto investment strategies.
Key Takeaways:
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CoinShares will acquire Bastion to enhance its actively managed crypto strategy offerings.
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The move brings Bastion’s market-neutral and quantitative expertise in-house to target institutional clients.
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The acquisition supports CoinShares’ U.S. expansion plans, adding depth to its regulated product lineup.
The acquisition, announced Wednesday, is part of CoinShares’ push to expand its actively managed offerings and accelerate growth in the US market.
Financial terms of the deal were not disclosed, and it remains subject to…
