Wednesday, April 1

Crypto Asset Manager ‘CoinShares’ Receives Nasdaq Listing via SPAC


Equity interests in CoinShares began trading on Nasdaq earlier today. The European digital asset manager reportedly closed a go-public deal with Vine Hill Capital on Tuesday.

  • Nasdaq Listing: CoinShares – Europe’s largest digital asset manager with $6B in assets under management across 39 products – in now listed on Nasdaq Exchange, trading under the ticker symbol CSHR.

  • SPAC Merger: According to CNBC reporting, CoinShares completed its merger with Vine Hill Capital to form the holding company CoinShares PLC in a deal that closed late Tuesday. The transaction was first announced in September, valuing CoinShares at about $1.2B, including a $50M investment from institutional investors.

  • IPO Season: CoinShares’ public debut follows the initial public listing of crypto custodian BitGo earlier this year, riding on the coattails of a breakout 2025 for crypto listings that included Circle, Figure, Gemini, and Bullish.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *