As digital assets become mainstream, CoinShares targets the U.S. market

CoinShares, Europe's leading digital asset management company, manages $10 billion in assets, will go public on Nasdaq through a $1.2 billion SPAC merger with Vine Hill Capital. The deal is expected to close in the fourth quarter of 2025 and aims to expand its U.S. operations to address the growing demand for digital assets from institutions. The company reported adjusted EBITDA margins of 76% in the first half of 2025 and had a 34% market share in the European, Middle East and Africa (EMEA).