CoinShares to Go Public in U.S. via $1.2B SPAC Merger
The post CoinShares to Go Public in U.S. via $1.2B SPAC Merger appeared first on Coinpedia Fintech News
CoinShares is set to move its listing to a U.S. exchange through a merger with special purpose acquisition company (SPAC) Vine Hill Capital and a new entity, Odysseus Holdings. The deal values CoinShares at $1.2 billion. Shareholders of CoinShares may hold up to 91.6% of the merged company. A $50 million private placement is also planned. The transaction is expected to close by December 2025, marking a strategic shift to access the U.S. market and institutional investors.
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CoinShares to Go Public in U.S. via $1.2B SPAC Merger
The post CoinShares to Go Public in U.S. via $1.2B SPAC Merger appeared first on Coinpedia Fintech News
CoinShares is set to move its listing to a U.S. exchange through a merger with special purpose acquisition company (SPAC) Vine Hill Capital and a new entity, Odysseus Holdings. The deal values CoinShares at $1.2 billion. Shareholders of CoinShares may hold up to 91.6% of the merged company. A $50 million private placement is also planned. The transaction is expected to close by December 2025, marking a strategic shift to access the U.S. market and institutional investors.
Read More
CZ Warns Crypto Firms of North Korean Hacker Threats