CoinShares to List on Nasdaq Through Merger

Source
Son Min

Summary

  • CoinShares said it will pursue a Nasdaq listing through a merger with Vinehill Capital Investment.
  • The company's pre-listing valuation is reported to be about $1.2 billion.
  • It said that once regulatory approvals are completed it will establish itself as one of the world's largest digital asset managers.

Digital asset (cryptocurrency) asset manager CoinShares is set to be listed on Nasdaq.

On the 8th (local time), CoinShares said on X(formerly Twitter), "It plans to list on Nasdaq through a merger with Vinehill Capital Investment," adding, "once regulatory approvals are completed, it will become one of the world's largest digital asset managers." The company's pre-listing valuation is reported to be about $1.2 billion.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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