CoinShares lists staked SEI ETP on SIX Swiss Exchange

Niederer Kraft Frey advised CoinShares, a leading European digital asset investment firm with over USD 9.5 billion in AUM, on the listing of its physically-backed SEI exchange-traded product (ETP) on the SIX Swiss Exchange in Zurich. The listing of CoinShares Physical Staked Sei on SIX demonstrates the company’s ongoing commitment to offering investors access to digital asset markets through regulated means.

CoinShares’ staked ETPs are designed to provide simple exposure to proof-of-stake protocols and the rewards for participating in their security. They are built to allow the issuer to share staking rewards with investors by reducing the management fee and by increasing the coin entitlement of the ETP each day, as staking awards accrue.

CoinShares is a leading European investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

The NKF team was led by Transactions partner Philip Spoerlé, working with associate Manuel Hirlinger and junior associate Nina Lötscher (both Transactions).