CoinShares, a European-based crypto asset manager, has announced its intention to go public in the United States through a merger with Vine Hill Capital Investments, a special purpose acquisition company (SPAC).
In a press release on Monday, CoinShares announced its plan, which will see the company listed on the Nasdaq Stock Market. This marks a key step in the firm’s expansion for US investors, following key regulatory breakthroughs in the country for digital assets.
CoinShares’ Expansion Into American Markets
The merger, formalized through a definitive business combination agreement, values CoinShares at approximately $1.2 billion on a pro-forma basis, positioning the company among the largest publicly traded digital asset managers .
This transaction is expected to accelerate C