Despite a turbulent regulatory environment, major European crypto investment firm CoinShares is expanding into the US. The company launched a new hedge fund division catering to qualified US investors.
Called CoinShares Hedge Fund Solutions, the new arm will market the firm’s varied crypto investment products to US institutions for the first time. Offerings aim to connect traditional finance with digital assets.
The launch comes as demand grows among US investors for crypto exposure, but regulations remain unclear. CoinShares is registered with the SEC and its broker-dealer subsidiary is approved by FINRA to conduct marketing.
Head of the division Lewis Fellas said crypto requires adaptable solutions as adoption advances and risks evolve. The hedge fund premiered in August with strategies tailored to institutional crypto investors.
CoinShares has pioneered crypto financial services in Europe since 2015. It issues popular exchange-traded products and conducts market research. The firm sees big potential in bringing its expertise to US investors.
However, major US exchanges like oinbase">Coinbase and Binance.US are battling SEC lawsuits over securities violations. Firms must tread carefully in the current regulatory environment. The entry of an established player like CoinShares shows regulated crypto access in the US is still advancing.
#CoinShares #Cryptocurrency #HedgeFund #USMarket #CryptoRegulation
