CoinShares is coming to America. The European crypto asset management firm has agreed to a SPAC merger with Vine Hill to list on a US exchange.
The deal values CoinShares at $1.2 billion and includes a $50 million institutional investment.
The move will make the company, a dominant force in Europe, a direct competitor to US giants like BlackRock and Fidelity in the global crypto ETP space.
The listing is intended to provide fuel for further international growth.
