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Crypto Asset Manager ‘CoinShares’ Receives Nasdaq Listing via SPAC

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…

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