CoinShares Lists on Nasdaq Following Merger with Vine Hill Capital

CoinShares, a European-based crypto asset manager, has taken another step towards increasing its global presence by merging with Vine Hill Capital and listing on the Nasdaq.

The deal, which closed on Tuesday, values the business at around $1.2 billion and gives CoinShares access to the US market through the listing of shares under the ticker CSHR.

CoinShares has been a leading player in the European crypto scene since its inception in 2014, managing over $6 billion in assets across various products including ETFs and active strategies.