CoinShares Announces Amendments to Digital Securities Conditions

CoinShares Digital Securities Limited has entered into a tenth supplemental trust instrument with the Trustee dated 6 February 2025. This move aims to create new classes of Individual Securities and amend existing Conditions. One of the key changes involves the implementation of a secure system that enables Authorised Participants to make Applications and request Redemptions online.

The new system is exclusive to Authorised Participants, with no effect on other Security Holders. Amendments include updates to definitions such as "Redemption Notice" and the addition of new terms like "Redemption Order" and "System" in the legal documentation.

The Issuer has also revised the list of Staking Classes, adding a variety of CoinShares Physical Staked Securities. These new classes, however, will not be admitted to trading on the London Stock Exchange and are detailed in a supplemental prospectus.