European Crypto Giant CoinShares Plans US Market Entry with $1.2B Merger

CoinShares International Limited announced on September 8 its entry into a definitive business combination agreement with Vine Hill Capital Investment Corp., a special purpose acquisition company, that will result in the European asset manager listing on the Nasdaq Stock Market in the United States. The transaction values CoinShares at $1.2 billion on a pre-money basis, positioning the company as one of the largest publicly traded digital asset managers globally. The merger is supported by a $50 million a ...