Euronext suspended trading of CoinShares' Zcash note during morning hours, citing "operational settlement requirements" at the securities depository. The suspension temporarily halted market activity for the crypto-linked financial product.
CoinShares rejected any association with the disruption, stating that the settlement issue "has absolutely nothing to do with CoinShares." The asset manager's denial places responsibility squarely on the depository's operational processes rather than the fund provider itself.
Euronext Suspends CoinShares Zcash Note Over Settlement Requirements; CoinShares Denies Responsibility
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