Coinshares XBT Provider has announced that it is moving its crypto-asset custody agreement from Zodia Custody in Ireland to Zodia Custody (Europe) in Luxembourg, according to a press release.

In connection with the change, the parties have also made certain adjustments to the agreement.

Zodia Custody (Europe) is registered in Luxembourg and is authorized as a crypto-asset service provider under the EU's MiCAR regulatory framework. The company provides custody of crypto-assets for Coinshares' exchange-traded crypto products.

Coinshares has also applied to delist its common shares from Nasdaq Stockholm with the aim of moving trading to Nasdaq in the US or another American trading venue.