CoinShares listing on Nasdaq: Strategic leap towards global crypto assets leadership

CoinShares, the leading digital asset manager in Europe, is about to merge with a Nasdaq SPAC, with a transaction volume of US$1.2 billion and is expected to be completed by the end of 2025. The move aims to capitalize on the regulatory benefits brought by the recent approval of Bitcoin and Ethereum ETFs to expand its institutional cryptocurrency products to the United States. CoinShares manages $10 billion in assets and has a strong financial position (adjusted EBITDA margin of 76% in the first half of 2025), aiming to profit from a $40 trillion U.S. asset management market with a well-established risk management product.