Sydney & New York, June 8, 2022-(BUSINESS WIRE)-Digital Infrastructure Provider Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”) is Cosmos Asset Management’s third product, the Cosmos-Purpose Ethereum Access ETF (“CPET”). ).
The Cosmos-Purpose Ethereum Access ETF (CPET.CXA) was launched in Cboe, Australia in late May 2022. CPET owns a unit in the Purpose Ethereum ETF (ETHH.U), the world’s first Ethereum ETF, with assets under management of approximately US $ 430 million. By investing in CPET, investors have a regulated, familiar, fluid and publicly listed structure.
Gemini Trust Company LLC (“Gemini”) is a custodian of the Purpose Ethereum ETF, providing security for institutional investors. The Cosmos-Purpose Ethereum Access ETF brings to market a partnership of experienced Global Digital Asset Specialists from Purpose Investments Inc, Gemini Trust Company LLC, and Cosmos Asset Management.
Cosmos Asset Management has been spun out of Mawson Infrastructure Group Inc (NASDAQ: MIGI), and Mawson continues to be Cosmos’ largest shareholder.
James Manning, CEO and Founder of Mawson, Said, “We look forward to seeing Cosmos Asset Management partner with Purpose Investments and Gemini to launch another product in Australia. We are excited about what comes next with Cosmos Asset Management.”
Dan Annan, CEO of Cosmos Asset Management, Said, “Cosmos Asset Management is at the forefront of offering regulated financial products in the digital asset space and has made it easily accessible to Australian investors since its inception. We are very pleased to bring this Ethereum ETF to the Australian market. increase.”
About Morson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider with multiple businesses in the United States and Australia. Mawson’s vertically integrated model is based on a long-term strategy to facilitate a global transition to a new digital economy. Mawson combines sustainable energy infrastructure with next-generation mobile data center (MDC) solutions to enable low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a focus on shareholder returns and board and management collaboration, the Mawson Infrastructure Group has emerged as a global leader in ESG-focused Bitcoin mining and digital infrastructure.
For more information, please visit www.mawsoninc.com.
About Cosmos Asset Management
Founded in 2020, Cosmos Asset Management is an Australian-based asset management company involved in a variety of digital assets such as digital currencies and index funds, partnering with experienced service providers and innovating for investors. Brings a great deal of exposure. The goal of Cosmos Asset Management is to identify and develop professional public and private placements and make them available to institutional and private investors. With this, Cosmos Asset Management aims to become Australia’s leading digital currency and emerging technology asset manager.
For more information, please visit www.cosmosam.com.au.
Precautions regarding forward-looking statements
Mawson warns that the statements in this press release, which are not explanations of historical facts, are forward-looking statements in the sense of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are future events or, above all, situations such as “expect”, “intention”, “plan”, “expect”, “believe”, “do”. Actual results may differ materially from those expressed or implied by such forward-looking statements, as such statements are subject to risk and uncertainty. These forward-looking statements are based on Morson’s current expectations and contain assumptions that may never be realized or may prove incorrect. Actual results and timing of events are expected in such forward-looking statements as a result of various risks and uncertainties, including but not limited to the need and capacity of Morson’s additional capital, development and acceptance. Digital Asset Networks and Digital Assets and Their Protocols and Software Can Reduce Incentives for Digital Asset Mining Over Time, Costs Related to Digital Asset Mining, Cryptocurrencies Cryptocurrency value and price volatility, and further regulation of digital assets. More detailed information on the risks and uncertainties that affect Mawson can be found in Mawson’s Form 10-K Annual Report and Form 10-Q submitted to the SEC on March 1, 2021. It is included under the heading “Risk Factors” in its quarterly report. The November 15, 2021 SEC, and other filings created by Morson, may be created with the SEC in the future. You should not place excessive reliance on these forward-looking statements. These statements are given only as of the date they were created. Actual results may differ materially from those expressed or implied by such forward-looking statements, as such statements are subject to risk and uncertainty. Mawson undertakes no obligation to update such statements to reflect the events that have occurred or the circumstances that exist after the date of creation, except as required by law.
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