CoinShares to buy Bastion Asset Management to muscle active management capabilities

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* European asset manager CoinShares International (OTCQX:CNSRF [https://seekingalpha.com/symbol/CNSRF]) to acquire [https://seekingalpha.com/pr/20250198-coinshares-set-to-acquire-bastion-asset-management-to-strengthen-actively-managed-digital] Bastion Asset Management, a London-based, crypto-focused alternative investment manager.
* The acquisition aims to strengthen CoinShares' actively managed capabilities, as the firm continues its evolution into a comprehensive digital asset management platform.
* Bastion brings to CoinShares a market-leading quantitative alpha investment approach applied to digital assets.
* The acquisition is subject to regulatory approval from the UK Financial Conduct Authority.
* "Over the last three years we have built a strong market neutral strategy and a broad and growing range of investors. This acquisition will enable us to further scale our investor base, accelerate the build out of our innovative alternative program whilst increasing our investor outreach." said Philip Scott, CEO and Co-Founder of Bastion.

MORE ON COINSHARES INTERNATIONAL

* CoinShares to go public in U.S. via $1.2B SPAC merger with Vine Hill Capital [https://seekingalpha.com/news/4493010-coinshares-to-go-public-in-us-via-12b-spac-merger-with-vine-hill-capital]
* Historical earnings data for CoinShares International [https://seekingalpha.com/symbol/CNSRF/earnings]
* Dividend scorecard for CoinShares International [https://seekingalpha.com/symbol/CNSRF/dividends/scorecard]
* Financial information for CoinShares International [https://seekingalpha.com/symbol/CNSRF/income-statement]