CoinShares enters US public markets via Nasdaq after $1.2 billion Vine Hill SPAC merger
The Block
CoinShares began trading on the Nasdaq after a $1.2 billion merger with Vine Hill Capital Investment Corp., expanding its presence in U.S. public markets.Summary
CoinShares has officially listed on the Nasdaq, completing a $1.2 billion merger with Vine Hill Capital Investment Corp. and marking its entry into U.S. public markets. The crypto asset manager, which manages over $6 billion in digital assets, will trade under the ticker CSHR. This move is expected to support product expansion and increase access to research and investor flows as digital assets become more integrated into traditional finance. CoinShares was already publicly traded in Europe and joins other crypto firms like Circle and Gemini in seeking broader institutional investment through public markets. Notably, CoinShares recently moved 10,720 BTC (approximately $720 million) to new wallets.
(Source：The Block)