CoinShares International Limited has announced that it will acquire Napoleon Crypto SAS and its subsidiaries. Napoleon and its employees will join CoinShares as it will leverage CoinShares’ technology, market presence and market infrastructure to push platform growth with a focus on self-directed investors. Napoleon will allow investors to expand their crypto portfolio by providing a suite of pre-built portfolios and strategies focused on different investment objectives. This platform is integrated with crypto exchanges such as Binance, Bitfinex, Bitmex, FTX and Bitstamp. Napoleon Group GM JC Dudek commented “Napoleon Group is proud to have built one of Europe’s most active crypto trader communities. This transaction will enable us to focus on accelerating our platform growth and client acquisition. We are very excited to join CoinShares and their broader ecosystem of partners to keep scaling.”
CoinShares CEO Jean-Marie Mognetti noted “Crypto is about community, and over the last seven years, CoinShares has built a fantastic one. As we continue to grow, it is increasingly important for us to keep developing our ability to distribute our research, expertise, and products directly to our clients via the most appropriate channel. Today, Napoleon offers crypto exchange clients the capabilities to hook their exchange account to our platform of thematic algorithmic trading strategies and baskets designed to offer better risk adjusted return based on customer selected risk profile. Scaling this platform, and its attached services, is the perfect way to kick start a new and exciting consumer focused growth chapter for CoinShares.”