CoinShares to go public in the U.S. through a business merger

digital asset management company CoinShares and listed special purpose acquisition company Vine Hill Capital Investment Corp. announced today that they have reached a final business merger agreement ("Business Merger Agreement"), which will allow CoinShares to go public on the Nasdaq stock market in the United States. It is expected that this transaction will drive CoinShares' strategic international expansion and enable U.S. investors to more directly participate in its global growth, including expected U.S. growth.

This transaction values CoinShares at $1.2 billion, making it one of the largest publicly traded pure digital asset management companies in the world.