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Crypto-Focused Asset Manager CoinShares Prepares For Nasdaq Debut Following SPAC Merger - Coinshares Bitc

The crypto investment firm is valued at about $1.2 billion after a SPAC merger and will trade under the ticker CSHR.

  • On Wednesday, CoinShares PLC began trading on the Nasdaq Stock Market under ticker CSHR following a merger with Vine Hill Capital that formed the new holding company.
  • The merger values the 12-year-old European asset manager at about $1.2 billion, with CoinShares reporting over $7 billion in assets under management at the end of 2025.
  • CEO Jean-Marie Mognetti stated, "We want to be a much bigger company," as the firm manages 39 funds and holds a 34% market share in Europe.
  • Expansion into the American market will include product development and acquisitions to adapt to shifting compliance standards, offering U.S. investors new exposure to crypto assets.
  • Investor sentiment remains risk-averse as the war in Iran drags on and crypto stocks suffer a sector-wide decline, with Bitcoin prices down 40% from their October peak.
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CNBC broke the news in United States on Tuesday, March 31, 2026.
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