European crypto asset manager, CoinShares, announced the launch of its new trading business, CoinShares Capital Markets, or CSCM, on May 7.
The subsidiary comprises a rebranding of GABI Trading, with CoinShares now entering into the final stages of acquiring the firm.
In 2019, the firm processed more than $3 billion worth of trades while it was an active proprietary trading shop owned by Global Advisors Group.
CoinShares rebrands $3 bln trading shopTo complement the exchange-traded products already provided by CoinShares, CSCM now offers a suite of trading tools and services, including electronic trading, liquidity provisioning, and lending and borrowing products.
“We look forward to leveraging the experience of the team, which complements our knowledge of the digital asset market structure,” she added.

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