Keefe, Bruyette & Woods Begins Coverage on CoinShares (NASDAQ:CSHR)

Equities research analysts at Keefe, Bruyette & Woods initiated coverage on shares of CoinShares (NASDAQ:CSHR) in a research report issued on Wednesday,Benzinga reports. The brokerage set an “outperform” rating and a $9.00 price target on the stock.

CoinShares Trading Down 100.0%

About CoinShares

CoinShares is a digital asset investment company that provides a range of financial products and services focused on cryptocurrency and blockchain-related markets. The company offers exchange-traded products and other investment vehicles designed to give institutional and retail investors exposure to digital assets without needing to directly hold the underlying cryptocurrencies.

Founded in the digital asset space, CoinShares has built its business around investment management, asset servicing, and research related to the crypto ecosystem.