CoinShares, one of Europe’s largest digital asset managers, is heading to Wall Street. The company announced Monday that it will go public in the United States through a $1.2 billion merger with Vine Hill Capital Investment Corp (VCIC)., a Nasdaq-listed SPAC.
The deal shifts CoinShares’ listing from Stockholm to New York, opening access to U.S. capital markets and investors. The firm manages about $10 billion in assets, including a suite of 32 crypto exchange-traded products (ETPs) covering bitcoin, ether, solana and other tokens. CoinShares ranks as the fourth-largest global provider of digital asset ETPs, behind BlackRock, Grayscale and Fidelity, and holds a 34% share of the European, Middle Eastern and African market.
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