Crypto Asset Manager CoinShares to Go Public in US Via SPAC Deal
Cryptocurrency asset manager CoinShares International Ltd. has agreed to go public in the US through a combination with blank-check company Vine Hill Capital Investment Corp. The deal values CoinShares at $1.2 billion pre-money on a pro-forma basis, according to a company statement. CoinShares is best known for its crypto exchange-traded products and has about $10 billion in assets under management. Shares of the company are currently publicly traded on Nasdaq Stockholm and following the complet...
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