CoinShares PLC is a company incorporated under the laws of Jersey Channel Islands on August 29 2025. The company functions as a holding entity that owns 100 percent of the equity interests of its wholly owned subsidiary CoinShares International Limited. CoinShares International Limited is incorporated under the laws of Jersey Channel Islands and is described in the filing as a leading digital asset investment business. Prior to the business combination CoinShares PLC did not conduct any material operations beyond those incidental to its formation and the required securities law filings. Following the completion of the business combination all of the company's business activities are conducted through CoinShares International Limited and its subsidiaries. The firm's registered office and principal executive offices are located at 2 Hill Street St Helier JE2 4UA Jersey and its agent for service of process in the United States is situated at 437 Madison Avenue 28th Floor New York NY 10022.

The company generates revenue through its subsidiary CoinShares International Limited which offers a range of digital asset investment products and services to investors. These products include exchange traded notes managed portfolios and other financial instruments that provide exposure to cryptocurrencies and related blockchain assets. Revenue is derived primarily from management fees advisory fees and performance based fees charged on the assets under management. The subsidiary also earns income from lending activities staking rewards and other yield generating strategies associated with digital assets. The customer base consists of institutional investors such as funds and pension plans as well as retail investors seeking regulated exposure to the digital asset market. By providing regulated investment vehicles CoinShares International Limited aims to meet the demand for transparent and secure access to digital asset returns.

CoinShares International Limited is highlighted in the filing as a leading digital asset investment business indicating a strong competitive stance within the sector. The company's position is supported by its wholly owned subsidiary's established product suite and its regulatory status in multiple jurisdictions. Competitors in the digital asset investment space include other asset managers that offer cryptocurrency exchange traded products and similar investment solutions. CoinShares PLC differentiates itself through its direct ownership of a specialized subsidiary that focuses exclusively on digital asset investment activities. This focus allows the firm to allocate resources efficiently and to develop expertise that is difficult for more diversified financial institutions to replicate. The firm's ability to offer regulated investment products in a rapidly evolving market provides a notable advantage over less regulated players.

The company serves a diverse client base that includes institutional investors such as hedge funds wealth managers and pension funds. Retail investors also form a significant portion of the clientele seeking convenient and compliant ways to gain exposure to digital assets. Specific customer names are not disclosed in the filing but the description indicates that the clientele comprises both professional and individual investors. The subsidiary's offerings are designed to meet the needs of investors who require transparency liquidity and regulatory oversight in their digital asset investments. By catering to both institutional and retail segments CoinShares International Limited aims to capture a broad share of the growing demand for digital asset investment products. The overall customer base reflects the increasing acceptance of digital assets as a legitimate asset class among traditional financial market participants.