ZURICH (Reuters) – 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.
(Reporting by Michael Shields, Editing by Louise Heavens)
