CoinShares: Recap of Fireside chat - ABG

CEO Jean Marie Mognetti participated in ABGSC Fireside Chat
Focus on strategy, positioning and opportunities
Trading at '24e EV/EBIT of 2.8x, '25e dividend yield of 12%


First mover advantage in Europe

CoinShares' CEO Jean-Marie Mognetti participated in our ABGSC Fireside Chat on 13 September link. The discussion was of a strategical nature, encompassing CoinShares' current position in the market, its operational strategy as well as growth opportunities. CoinShares has a market leading position in Europe, with a market share of ~45%, and the CEO highlights that the investor base is sticky and loyal. CoinShares was able to attract significant AUM through its first mover advantage, product innovation and strong brand. A brand is built over time and CoinShares' long track record of profitable growth offers stability to investors.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/coinshares/Equity-research/2024/9/coinshares---recap-of-fireside-chat/