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CoinShares boosts stake in Swiss FlowBank to 29.3%

By Reuters

ZURICH – Digital asset investment group CoinShares has acquired a 20.28% stake in FlowBank, increasing its holding in the Swiss online bank to 29.3%, FlowBank said on Monday.

Following the investment, CoinShares Chief Executive Jean-Marie Mognetti will join FlowBank’s board of directors, it said.