CoinShares has completed its SPAC merger and will begin trading on the Nasdaq on April 1.
CoinShares Goes Public on Nasdaq After SPAC Merger
European crypto asset manager CoinShares just landed on the Nasdaq. The firm completed its merger with SPAC Vine Hill Capital on Tuesday evening and will start trading on April 1st under the ticker CSHR. The combined company is valued at around $1.2 billion.
CoinShares manages about $6 billion in assets, offering structured investment products including its own bitcoin ETF. CEO Jean-Marie Mognetti said the move is about growth in the US market. Even with crypto stocks facing a broader industry downturn, he argued that the timing depends on business readiness—not market windows. CoinShares was already listed on the Nasdaq Stockholm exchange in Sweden.
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