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CoinShares Targeting U.S. Investors With $1.2 Billion Nasdaq Listing Amid Crypto IPO Wave
CoinShares is making a $1.2 billion move into the United States with a Nasdaq listing through a merger with Vine Hill Capital Investment Corp. The deal, backed by a $50 million equity commitment from an institutional investor, is set to close by year-end pending approvals. According to the company, the transaction will create Odysseus Holdings Limited, which will trade on Nasdaq once the merger closes. CoinShares, already listed in Stockholm, said the move positions it to scale in the U.S. as regulatory clarity improves and investor demand grows. CoinShares manages about $10 billion in assets, making it the ... (full story)
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