CoinShares Physical Ethereum – Staking

CoinShares Digital Securities Limited / Key word(s): Miscellaneous CoinShares Physical Ethereum – Staking 11-Dec-2023 / 19:45 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. 11 December 2023

CoinShares Digital Securities Limited

Exchange Traded Products Programme for the issue of

CoinShares Digital Securities

 

LEI: 549300DR7967WVLR3P83

 

CoinShares Physical Ethereum - Staking

 

 

Jersey - 11 December 2023 - Further to the announcements made by CoinShares Digital Securities Limited (the "Issuer") made on 11 September 2023 and on 6 October 2023 of a proposal for the amendment of the Conditions to add CoinShares Physical Ethereum Digital Securities to the Staking Classes, and of the result of the meeting to consider the proposal, the Issuer announces that it has published a circular containing a further proposal to add CoinShares Physical Ethereum Digital Securities to the Staking Classes.

 

The CoinShares Physical Ethereum Digital Securities are as specified below:

 

Product Name	ISIN	WKN	Valour
CoinShares Physical Ethereum	GB00BLD4ZM24	A3GQ2N	59635770

 

 

Following the change of the Ethereum protocol from proof of work to proof of stake, the Issuer wishes to amend the Conditions to add the CoinShares Physical Ethereum (ETHE) Digital Securities to the Staking Classes and to change the name of such securities to CoinShares Physical Staked Ethereum.  The proposed change would allow the Issuer to stake the underlying Digital Currency and share staking rewards with investors.