CoinShares sold FTX claims with a recovery rate of 116%

Odaily News CoinShares announced that it has successfully sold its FTX claims, with a recovery rate of 116% after deducting broker fees, which means that it has received a return of £31.32 million through claims worth £26.6 million. CoinShares said that the relevant agreement was signed today and is subject to customary closing conditions, which will significantly improve CoinShares' financial position and create opportunities for increased returns for its shareholders, and the group will be able to reinvest in growth opportunities. (FinanceFeeds)