CoinShares, a European-based crypto asset manager, has announced its intention to go public in the United States through a merger with Vine Hill Capital Investments, a special purpose acquisition company (SPAC).
In a press release on Monday, CoinShares announced its plan, which will see the company listed on the Nasdaq Stock Market. This marks a key step in the firm’s expansion for US investors, following key regulatory breakthroughs in the country for digital assets.
This transaction is expected to accelerate CoinShares’ international growth, particularly in the US market, which is increasingly recognized as a key hub for digital assets under President Donald Trump’s administration.
By establishing a presence in the US, CoinShares aims to meet the rising demand from investors and leverage its experience to introduce a new suite of products tailored for American clients. Mognetti concluded by stating:
Our European playbook, built and refined over a decade, is proven and effective. We are now deploying this experience to bring a new suite of products to American investors. A US listing will reinforce our credibility, expand our reach, and position us to capture the opportunity in the world’s largest asset management market, home to over half of global assets under management.
With around $10 billion in assets under management (AuM) — a figure that has tripled over the past two years — the company boasts a product offering that has expanded from four products in 2021 to a suite of 32 across various platforms.
Both CoinShares and Vine Hill’s boards of directors have unanimously approved the business combination, which is anticipated to close by the end of the fourth quarter of 2025, pending shareholder and regulatory approvals.
Featured image from DALL-E, chart from TradingView.com
