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Crypto Asset Manager 'CoinShares' Receives Nasdaq Listing via SPAC

Shares in the European digital asset manager began trading on Nasdaq under the ticker symbol CSHR earlier today.
Crypto Asset Manager 'CoinShares' Receives Nasdaq Listing via SPAC
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Equity interests in CoinShares began trading on Nasdaq earlier today. The European digital asset manager reportedly closed a go-public deal with Vine Hill Capital on Tuesday.

What's the Scoop?

  • Nasdaq Listing: CoinShares – Europe's largest digital asset manager with $6B in assets under management across 39 products – in now listed on Nasdaq Exchange, trading under the ticker symbol CSHR.
  • SPAC Merger: According to CNBC reporting, CoinShares completed its merger with Vine Hill Capital to form the holding company CoinShares PLC in a deal that closed late Tuesday. The transaction was first announced in September, valuing CoinShares at about $1.2B, including a $50M investment from institutional investors.
  • IPO Season: CoinShares’ public debut follows the initial public listing of crypto custodian BitGo earlier this year, riding on the coattails of a breakout 2025 for crypto listings that included Circle, Figure, Gemini, and Bullish.

Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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