CoinShares Targets U.S. Scale via $1.2B SPAC – Nasdaq Debut in Sight

Europe’s largest digital asset investment firm, CoinShares International Limited , announced a landmark move to list on the Nasdaq Stock Market in the United States through a $1.2 billion merger with Vine Hill Capital Investment ￰0￱ NEWS: CoinShares → NASDAQ US We're going public in the ￰1￱ business combination with Vine Hill ($VCIC). $1.2B pre-money ￰2￱ to be one of the largest publicly traded digital asset managers ￰3￱ subject to customary closing conditions &… ￰4￱ — CoinShares (@CoinSharesCo) September 8, 2025 The firm explained that the deal , structured as a special purpose acquisition company (SPAC) business combination, positions CoinShares as one of the world’s largest publicly traded pure-play digital asset managers with approximately $10 billion in assets under ￰5￱ transaction is expected to close by the end of the fourth quarter of ￰6￱ completion, securities of CoinShares and Vine Hill will be exchanged for shares in a new combined company, Odysseus Holdings ￰7￱ into the ￰8￱ already trades on Nasdaq Stockholm and OTCQX in the U.

S., and said the ￰9￱ marks more than a shift in ￰10￱ firm views it as a leap into the world’s largest asset management market. “This transaction signals a strategic transition for CoinShares, accelerating our ambition for global leadership,” said Jean-Marie Mognetti, CEO and Co-Founder of CoinShares. “The ￰11￱ now the crucible of the digital asset space, and listing here positions us to capture the opportunity in the world’s largest asset management market, home to over half of global AuM,” added ￰12￱ Leadership and Financial Strength CoinShares has built a dominant position as the fourth-largest manager of digital asset ETPs globally, behind BlackRock, Grayscale, and Fidelity, while holding the number-one spot in EMEA with a 34% market ￰13￱ firm reported that over the past two years, AuM has surged more than 200% on the back of supportive pricing, new product launches, and strong net inflows.

“CoinShares exemplifies everything we look for in a high-value investment: market leadership, a scalable model, and strong ￰14￱ with ￰15￱ access, it creates an unstoppable growth engine,” said Nicholas Petruska, CEO of Vine ￰16￱ for the Next Phase of Growth CoinShares said it has diversified from four products since 2021 to a 32-product suite spanning crypto ETPs, indices, and equity products tied to the digital asset ￰17￱ ￰18￱ clarity improving and investor demand for tokenization and on-chain financial products accelerating, the Nasdaq listing is set to give CoinShares direct access to new ￰19￱ successful, the transaction will cement CoinShares as a leading global bridge between traditional investors and the rapidly evolving digital asset ￰20￱ First Asset Manager in Continental Europe to Gain MiCA Authorisation In July, CoinShares anno unced its French subsidiary, CoinShares Asset Management , had received authorisation under the Markets in Crypto-Assets (MiCA) ￰21￱ this latest approval, CoinShares became the first regulated asset management firm in continental Europe to be authorised under ￰22￱ MiCA authorisation adds to CoinShares’ existing regulatory approvals, making it the only asset management firm in continental Europe currently holding all three licences.