Brief

CoinShares Group is a pioneer in digital asset investing, which launched the world’s first regulated bitcoin investment fund in 2014 and in 2015 offered the world’s first Bitcoin based securities on a regulated exchange. Today, CoinShares offer exchange-traded products (ETPs); comprehensive services in capital markets; index strategies; active management strategies and advisory services.

Strategy & Execution

H/Advisors Cicero was tasked with mapping the existing regulatory landscape for crypto assets, including in the form of exchange-traded products in 7 EU Member States. The aim was to ascertain regulator positioning on potential UCITS eligibility of CoinShares’ crypto-ETP products, and to influence future policy through building relationships with key regulators/policymakers. 

Result

H/Advisors Cicero secured meetings with all targeted national regulatory authorities, as well as ESMA, allowing CoinShares to gain a deep understanding of the regulatory outlook for crypto-assets and CoinShares’ crypto offerings. This not only helped CoinShares to evolve their own business strategies, but to give informed advice to investors.