DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Cryptonews

European Crypto Asset Trading Firm CoinShares Reveals Over $31 Million Exposure to FTX

The European crypto investment and research firm CoinShares has revealed that it held more than $31m on the embattled crypto exchange FTX, calling it a “limited exposure.” “CoinShares confirms robust financial health and...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

European Crypto Asset Trading Firm CoinShares Reveals Over $31 Million Exposure to FTX
The European crypto investment and research firm CoinShares has revealed that it held more than $31m on the embattled crypto exchange FTX, calling it a “limited exposure.”
“CoinShares confirms robust financial health and quantifies limited exposure to the FTX Exchange, while confirming that the Group has no exposure to FTX’s sister company, Alameda Research,” a Twitter thread from CoinShares said on Thursday....
Read More: European Crypto Asset Trading Firm CoinShares Reveals Over $31 Million Exposure to FTX

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context