Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger

In this articleVCICBTC.CM=Nurphoto | Getty ImagesCrypto investment firm CoinShares said it will begin trading on Nasdaq Wednesday through a merger with a special purpose acquisition company, or SPAC.The company is merging with Vine Hill Capital to form the holding company CoinShares PLC. The deal closed late Tuesday, CNBC has learned. It was first announced in September, and it values the business at about $1.2 billion, including a $50 million investment from institutional investors. Shares will trade under ...