Key control
Coinshares will enter the US market through a SPAC fusion of $ 1.2 billion with Vine Hill Capital. They will be supported by an anchor investment of $ 50 million.
Coinshares, one of the most important names in Europe in Crypto Asset Management, is preparing for a great movement. The firm is being made public in the US. Through a spac fusion of $ 1.2 billion with Vine Hill Capital, giving way to its debut in Nasdaq.
This is what you need to know about the latest of a series of large movements in the market.
Coinshares to make public in the United States
The European Manager of Crypto Asset Coinshares is making an important movement to the US market through a SPAC fusion of $ 1.2 billion with Vine Hill Capital Investment, a special purpose -purpose acquisition company that lies in the stock exchange (SPAC).
As part of the agreement, Coinshares will change its list of Sweden to the Nasdaq stock market, providing investors direct access to one of the world’s largest digital asset administrators.
Source: PR Newswire
This means US investors will soon get direct access to Coinshares actions, marking a significant milestone in the company’s global expansion strategy.
With approximately $ 10 billion in assets under administration, Coinshares is located as the fourth largest supplier of products quoted in exchange (ETP) worldwide.
In Europe, lead the market with a dominant participation of 34%
Why the United States?
As the co-founder and CEO Jean-Marie Mognetti said,
“This transaction represents much more than a change of place from Sweden to the United States.”
He explained that the United States is the “largest asset management market”, which makes it the perfect place for Coinshares to expand.
In the second quarter of 2025, Coinshares reported $ 32.4 million in profits and a 26% increase in AUM to $ 3.46 billion. This was charged by the increase in Bitcoin prices [BTC] and Ethereum [ETH].
Fusion backed for $ 50 mln
The SPAC fusion has additional power thanks to an anchor investment of $ 50 million of an institutional sponsor.
This is expected to give Coinshares a broader reach with American investors and a stronger base. The company is also framing the agreement as part of a larger change for the digital asset industry.
As Mognetti emphasized,
“The case of digital assets such as investment class and blockchain as a transformative technology has reached a decisive inflection point and can no longer be ignored. There is no turning back.”
The agreement is expected to close later in 2025, waiting for regulatory and shareholders approvals.
