PANews reported on October 1st that according to Cointelegraph, European crypto asset management company CoinShares announced that it will acquire London-based crypto investment management company Bastion Asset Management. This move is part of its expansion strategy in the US market and aims to leverage Bastion's quantitative trading expertise to develop and launch actively managed cryptocurrency ETFs in the US. Unlike passive ETFs that simply track asset prices, actively managed ETFs rely on fund managers' investment choices to try to outperform the market. CoinShares said Bastion's team has more than 17 years of experience developing systematic, alpha-generating strategies. The acquisition is part of CoinShares’ plan to expand into the U.S. market, where it had previously planned to go public via a SPAC. Terms of the transaction, which is subject to approval from the U.K. Financial Conduct Authority (FCA), were not disclosed.PANews reported on October 1st that according to Cointelegraph, European crypto asset management company CoinShares announced that it will acquire London-based crypto investment management company Bastion Asset Management. This move is part of its expansion strategy in the US market and aims to leverage Bastion's quantitative trading expertise to develop and launch actively managed cryptocurrency ETFs in the US. Unlike passive ETFs that simply track asset prices, actively managed ETFs rely on fund managers' investment choices to try to outperform the market. CoinShares said Bastion's team has more than 17 years of experience developing systematic, alpha-generating strategies. The acquisition is part of CoinShares’ plan to expand into the U.S. market, where it had previously planned to go public via a SPAC. Terms of the transaction, which is subject to approval from the U.K. Financial Conduct Authority (FCA), were not disclosed.
CoinShares plans to acquire Bastion Asset Management, aiming to launch an actively managed crypto ETF in the US
PANews reported on October 1st that according to Cointelegraph, European crypto asset management company CoinShares announced that it will acquire London-based crypto investment management company Bastion Asset Management. This move is part of its expansion strategy in the US market and aims to leverage Bastion's quantitative trading expertise to develop and launch actively managed cryptocurrency ETFs in the US.
Unlike passive ETFs that simply track asset prices, actively managed ETFs rely on fund managers' investment choices to try to outperform the market. CoinShares said Bastion's team has more than 17 years of experience developing systematic, alpha-generating strategies.
The acquisition is part of CoinShares’ plan to expand into the U.S. market, where it had previously planned to go public via a SPAC. Terms of the transaction, which is subject to approval from the U.K. Financial Conduct Authority (FCA), were not disclosed.
Market Opportunity
Movement Price(MOVE)
$0.03393
$0.03393$0.03393
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Husky Inu (HINU) Completes Move To $0.00020688
Husky Inu (HINU) has completed its latest price jump, rising from $0.00020628 to $0.00020688. The price jump is part of the project’s pre-launch phase, which began on April 1, 2025.
Share
Cryptodaily2025/09/18 01:10
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets
The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
transcosmos helping Chinese lingerie brand LING LINGERIE’s full-fledged entry into Japan
Executing strategies to help LING LINGERIE, a Chinese brand meeting Gen Z needs, boost awareness TOKYO, Jan. 23, 2026 /PRNewswire/ — transcosmos today announced
Share
AI Journal2026/01/23 19:30