CoinShares, a European specialist in digital assets investments has established a new US central office based in New York City, strengthening the company's presence in the world's largest financial market.

As a part of the growth initiative, CoinShares is actively recruiting for key roles in sales, marketing, operations, and compliance to support its commitment to scaling US operations.

The opening of the new office follows CoinShares entry into the US market through the recent acquisition of Valkyrie Funds, a digital asset manager known for its actively managed ETFs, and the sponsor rights to the CoinShares Valkyrie Bitcoin Fund from Valkyrie Investment. According to a press statement, the New York City office will serve as the primary hub for US operations, allowing the CoinShares "to deepen its relationships with American counterparties and support the company's growing client base across institutional and retail markets".