CoinShares to become publicly traded in the U.S. Via a 1.2 billion USD SPAC agreement with Vine Hill

CoinShares will merge with Vine Hill Capital Investment Corp for 1.2 billion USD, moving its listing to New York to access U.S. Capital markets.

The firm manages approximately 10 billion USD in assets and is the fourth-largest global provider of crypto ETPs, including offerings in BTC, ETH, and SOL.

This merger reflects a shift in U.S. Digital asset regulations, with the deal expected to close by the end of 2025, pending approvals.