CoinShares Adjusts Staking Rewards for Physical Staked Tezos

CoinShares Digital Securities Limited has announced a revision in the staking rewards for its CoinShares Physical Staked Tezos product. Effective from the start of trading on November 19, 2025, the staking rewards will decrease from 10% to 8% per annum. Despite this reduction, there will be an ongoing positive increase in the daily accrual to the Coin Entitlement. Additionally, the management fee for this product has been reduced to 0% per annum.

The announcement made on November 17, 2025, aligns with Condition 5.3.2 of the Digital Securities Conditions. This adjustment will continue to apply until further notice, as per the outlined conditions. The product is listed on several exchanges, including the Frankfurt Regulated Market and the SIX Swiss Exchange.