Grayscale Eyeing Expansion Into European Crypto Fund Market: Report

2 years ago

Jamie Crawley is simply a CoinDesk quality newsman based successful London.

Grayscale Investments, which runs a bitcoin spot valued astir $30 billion, is looking astatine expanding into the European marketplace for crypto funds, Bloomberg reported Tuesday.

  • Grayscale is gathering with section partners to sermon entering the European market, CEO Michael Sonnenshein said.

  • No decisions person been made astir which countries oregon exchanges volition beryllium targeted.

  • The European crypto money marketplace has go much competitory successful caller months with exchange-traded products (ETPs) listed successful Switzerland, Germany and elsewhere by firms specified arsenic 21Shares.

  • Grayscale Investments is simply a subsidiary of Digital Currency Group, besides the genitor institution of CoinDesk.

  • The steadfast had not replied to an emailed petition for remark by work time.

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Jamie Crawley is simply a CoinDesk quality newsman based successful London.

Jamie Crawley is simply a CoinDesk quality newsman based successful London.


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