COINSHARES MAKES FURTHER STRATEGIC INVESTMENT IN FLOWBANK TO ENHANCE ITS INTEGRATED STRATEGY
CoinShares, Europe’s largest and longest standing digital asset investment firm, today announced that following approval from the Swiss Financial Market Supervisory Authority, has acquired an additional 20.8% stake in Swiss-based FlowBank. This acquisition was priced at CHF 24,740,000. Following the Company’s October 2021 strategic investment of a 9.02% stake in FlowBank, today’s disclosure brings CoinShares overall holding to 29.3%, with voting rights equal to 32.06%.
