Europe’s prominent digital asset investment firm, CoinShares announced a collaboration with Scalable Capital, a leading digital wealth manager and one of the fastest-growing neo brokers in Europe, today.
As a result of the partnership, customers of Scalable Capital can now invest in crypto ETPs alongside ETFs and shares. Scalable Crypto, supported by physically-backed ETPs of CoinShares, will provide access to some of the most popular digital assets in a regulated environment.
With more than $4.3 billion worth of digital assets under management, CoinShares is one of the largest crypto asset managers in the world. Since the start of 2021, the company has seen a sharp increase in the total value of its digital AUM.
“Germany is leading Europe in establishing a regulatory framework for digital assets, and German investors have continued allocating portions of their portfolios towards cryptocurrencies. It has been a pleasure to work with the team at Scalable Capital to help meet the growing demand by enabling clients to participate in the growth of the digital asset ecosystem in a simple, transparent way,” Frank Spiteri, the Chief Revenue Officer of CoinShares, commented.
Last month, CoinShares announced the acquisition of Napoleon, a French financial technology firm, and its subsidiaries as part of the company’s global growth strategy.
Scalable Capital
With the introduction of new digital assets, clients of Scalable Capital now have options to invest in a wide range of investment vehicles. CoinShares will be the crypto partner of Scalable for investments in BTC, ETH, LTC and XRP. The company is planning to expand its crypto offerings in the future.
"Cryptocurrencies have become an established asset class in a balanced portfolio. Our investment platform makes crypto trading as easy and secure as investing in stocks and ETFs. CoinShares as our partner allows us to offer seamless access to crypto trading for our clients”, says Erik Podzuweit, Co-Founder and Co-CEO of Scalable Capital.
