CoinShares Joins Forces with Scalable Capital

CoinShares International Limited (CoinShares) has announced that it has partnered with Scalable Capital, a leading FinTech in Europe, bringing people and technology-based investment together.

According to the official press release, Scalable Crypto is now available as part of Scalable Capital's popular mobile app and provides a simple and secure way for Scalable Capital customers to invest in crypto ETPs alongside shares and ETFs. The cryptocurrencies are held in the form of securities on the customer's existing custody account. Customers are treated to an intuitive user interface where they are able to view crypto prices in real time and receive detailed information about the protocols they are invested in.

Scalable Crypto is backed by CoinShares' physically backed ETPs providing seamless, secure access to the most popular digital assets via a regulated wrapper.

"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," commented Frank Spiteri, CoinShares Chief Revenue Officer.

"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", said Erik Podzuweit, Co-Founder and Co-CEO of Scalable Capital.

​As Fazzaco reported earlier, CoinShares has entered into a sale and purchase agreement (SPA) to acquire Napoleon Crypto SAS​ and its subsidiaries for €13,930,427.43.