**[CoinShares Announces Q2 Results and Plans for U.S. Listing]** Golden Finance reports that CoinShares today released its quarterly results for the period ending June 30, 2025. The group's asset management platform delivered another strong performance in Q2 2025, generating total management fees of $30 million, while the capital markets division achieved total revenue and gains of $11.3 million. Fund management saw a robust recovery, realizing unrealized gains of $7.8 million, offsetting a $3 million loss from Q1. The company continues to evaluate its fund holdings as part of its tactical allocation strategy. The next phase of growth will focus on consolidating our leadership position in Europe while continuing to expand through the U.S. market. We are working toward a U.S. listing and expect to further determine the listing timeline in Q3.