Will the $1.2B Nasdaq Debut Redefine Crypto
CoinShares, Europe’s largest digital asset manager with approximately $10 billion in assets under management, has announced plans to go public in the United States through a $1.2 billion merger with Vine Hill Capital, a Nasdaq-listed special purpose acquisition company (SPAC).
The transaction would see CoinShares shift from Stockholm to Wall Street, signaling a major step in its bid for global dominance.
Ranked as the fourth-largest digital asset exchange-traded product (ETP) manager globally, behind BlackRock, Grayscale, and Fidelity, CoinShares currently holds a commanding 34% market share in Europe.
Over the past two years, its assets under management have tripled, fueled by strong inflows and the rapid expansion of its product…
