“In a new ecosystem still in development, we are very proud to be at the forefront of providing professional-level products, with a simple user experience, to traders – and enabling them to do so much more with their cryptocurrency than just ‘hodl’.”
CoinShares has announced the launch of its Crypto Asset Trading Strategies platform designed to simplify cryptocurrency trading by giving all exchange users access to trading algorithms designed by CoinShares.
The European digital asset investment firm specializes in exchange-traded products that offer low-cost and regulated access to cryptocurrencies. The launch of the cryptocurrency trading strategies platform expands the company’s offering.
CoinShares Extends Range From Crypto ETPs to HAL . Platform
After enabling exposure to digital assets for traditional financial players via its portfolio of crypto ETPs, CoinShares is now addressing its target audience of cryptocurrency traders.
With HAL, users can connect to their preferred trading platform and choose the trading strategies that suit them best. Trading algorithms are designed or regulated by professionals with proven experience in cryptocurrency trading.
The company stated that the HAL platform also aims to be an alternative to “complex market offerings aimed at advanced traders with robots designed by non-professional traders.”
CoinShares sets the price at €19,90 per month as a non-binding offer and without restrictions on choosing strategies.
The team plans to continue working on improving existing strategies and developing new indicators and strategies regularly.
CoinShares launches HAL after Napoleon acquisition
CoinShares acquired crypto-focused Napoleon Asset Management after regulatory approval from the Autorité des Marchés Financiers (AMF).
The deal follows the acquisition of the Napoleon Group last December and aligns with CoinShares’ strategy to evolve into a full-service digital asset investment and trading group, within a strong regulatory framework.
The Alternative Investment Fund Manager (“AIFM”) license is one of the strictest European regulations for asset managers and is a key component of CoinShares’ ambition to become the leading investment group in the digital asset sector. The acquisition of Napoleon Asset Management enables CoinShares to offer AIFM compliant products and services, in addition to its leading market position as a source for crypto exchange-traded products (ETPs).
Jean-Marie Mognetti, CEO of CoinShares, commented, “We are delighted to launch HAL within CoinShares. We acquired Napoleon, which created Napbots, because we can immediately see our common goals: to democratize access to crypto assets and educate investors about it in an ecosystem. New and still in development, we are very proud to be at the forefront of providing professional-level products, with a simple user experience, to traders – enabling them to do so much more with their cryptocurrency than just “hodl.”
The HAL platform is available in Europe, except for US territories (and FATF-listed countries: Democratic People’s Republic of Korea, Iran, Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Gibraltar, Haiti, Jamaica, Jordan, Mali, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Turkey, Uganda, United Arab Emirates, Yemen).
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