Coinshares, one of the largest digital asset managers in Europe, is heading to Wall Street. The company announced on Monday that it will become public in the United States through a $ 1.2 billion inclusion process with Vine Hill Capital Investment Corp (VCIC). , SPAC listed on the Nasdak Stock Exchange.
The Coinshares menu from Stockholm converts to New York, and open access to American capital markets and investors. The company runs about $ 10 billion of assets, including a range of 32 products circulating in encryption exchange (ETPS) Cover bitcoin, ether, Solana and other symbols. Coinshares occupies the fourth largest global provider of digital assets ETPS, behind Blackrock, Grayscale and Fidelity, and holds a 34 % stake in the European and Middle East and African market.
CEO Jean -Marie Monte said that this step reflects a turning point for digital assets, as the American list provides more clarity. “The issue of digital assets, like an investment category, has reached a decisive turning point,” he said. “The US list will reinforce our credibility and expand our arrival.”
For American investors, the treatment may mean an increase in access to encryption products from a manager that has grown more than 200 % over the past two years. Coinshares recorded 76 % EBITDA margin in the first half of 2025, indicating a strong profitability compared to their peers.
The deal, which was approved by the two companies, is expected to be closed by the end of 2025 pending organizational approvals and shareholders. In the event of completion, Coinshares will trade NASDAQ with a new initial company, Odysseus Holdings Limited.
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