CoinShares, Vine Hill enter combination agreement to publicly list on Nasdaq

CoinShares International (CNSRF) and Vine Hill Capital Investment (VCIC) announced that they have entered into a definitive business combination agreement that will result in CoinShares becoming publicly listed on the Nasdaq Stock Market in the United States. The transaction is expected to fuel CoinShares’ strategic international expansion and enable U.S. investors to participate more directly in its global growth, including expected growth in the United States. The transaction values CoinShares at US$1.2 billion pre-money on a pro-forma basis, positioning it as one of the largest publicly traded pure-play digital asset managers globally.