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CoinShares Expands US Footprint with New York Office

Cryptocurrency firm CoinShares has opened a new office in New York City as it expands its presence in the US market. This move follows the company's acquisition of digital asset management firm Valkyrie Funds LLC. The New York office will serve as the base for CoinShares' US operations, with plans to rapidly expand in the coming years. The company is actively hiring in various departments to strengthen its presence in the American market and target US institutions. The launch of the office follows the success of CoinShares' Valkyrie acquisition, which has helped increase its global assets under management to $5.5 billion. The new office will support future projects and offerings to capitalize on the growing demand for digital asset investments.

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