Are CoinShares regulated?

I'm curious to know if CoinShares, a company that deals with cryptocurrency investments, is subject to any form of regulation. With the increasing popularity of digital assets and the potential risks associated with them, it's important for investors to understand the level of oversight and protection that these companies operate under. Is CoinShares regulated by any financial authorities, and if so, what are the specific regulations that they need to comply with? Understanding this information can help investors make more informed decisions about their cryptocurrency investments.