CoinShares to acquire Bastion Asset Management to expand crypto investment lineup in US
Key Takeaways
CoinShares is acquiring Bastion Asset Management to enhance its actively managed crypto investment lineup, focusing on the US market.
Bastion specializes in systematic, market-neutral crypto strategies, which will be integrated into CoinShares’ offerings.
Share this article
CoinShares, a digital asset investment firm, today announced the acquisition of Bastion Asset Management, an FCA-regulated investment manager specializing in systematic, market-neutral crypto strategies, to strengthen its actively managed capabilities and support expansion into the US market.
The acquisition positions CoinShares to launch actively managed crypto funds in the US, integrating Bastion’s expertise in market-neutral strategies with CoinShares’ existing suite of digital asset investment options.
Bastion’s CEO and CIO will join CoinShares upon completion of the deal, which is subject to UK regulatory approval, strengthening the firm’s capabilities in active crypto fund management.
Share this article
