Europe’s most prominent and longest-standing crypto firm CoinShares has agreed to acquire Napoleon Crypto SAS and its subsidiaries. The French fintech firm and its employees will become part of the CoinShares family of companies. This acquisition will bolster CoinShares’ technology, market infrastructure, and market presence.
CoinShares’ acquisition of Napoleon is part of the Group’s growth strategy to continue expanding its in-house technology and platforms to reach new markets with new products that will help bridge the gap between traditional and decentralized finance while recognizing a deep change in investor preferences.
Jean-Marie Mognetti, CEO, CoinShares, noted that 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,” Mognetti said. “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 a 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.”
JC Dudek, Napoleon Group GM, said the company 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.”
Under CoinShares’ ownership, Napoleon will continue to double down on building a vibrant investment community and delivering actionable insights. This community will join a larger social community that CoinShares has been working to build over the past seven years; a community focused on trading a wide variety of assets in a broad range of markets while optimizing for a variety of portfolio objectives including risk management, yield generation, and portfolio diversification.
With the completion of the acquisition, the French fintech firm’s team and assets will become part of CoinShares; it will benefit from the scale and size of the crypto company’s broader outreach.
Napoleon will continue to double down on building a vibrant investment community and delivering actionable insights. This community will join a larger social community that CoinShares has been working to build over the past seven years; a community focused on trading a wide variety of assets in a broad range of markets while optimizing for a variety of portfolio objectives, including risk management, yield generation, and portfolio diversification.
