Europe's Leading Digital Asset Manager Completes US Listing Through Business Combination with Vine Hill Capital Investment Corp.
Trading Under the Ticker Symbol "CSHR" Effective 1st April 2026
Transaction Highlights
- CoinShares, Europe's largest asset manager specializing in digital assets with over US$6 billion in assets under management, is now listed on the Nasdaq in the United States under the ticker symbol CSHR
- Listing effected through a completed business combination between CoinShares International Limited, Vine Hill Capital Investment Corp. (Nasdaq: VCIC), and the newly formed holding company CoinShares PLC (previously Odysseus Holdings Limited)
- Transaction valued at approximately US$1.2 billion pre-money equity value, anchored by a US$50 million institutional common equity commitment
- CoinShares is listing on Nasdaq in the United States, positioning the Company at the center of the world's largest capital market
- CoinShares ranks among the top digital asset managers globally alongside BlackRock, Fidelity, and Grayscale based on assets under management
1st April 2026 | SAINT HELIER, Jersey | CoinShares PLC (previously Odysseus Holdings Limited, "CoinShares" or the “Company”), a leading global asset manager specialising in digital assets with over US$6 billion in assets under management, today announced that it began trading on the Nasdaq Stock Market (“Nasdaq”) in the United States under the ticker symbol “CSHR” on 1st April 2026.
The US listing was effected through a business combination between CoinShares International Limited, Vine Hill Capital Investment Corp. ("Vine Hill"), a special purpose acquisition company, and CoinShares, a newly formed holding company. Upon completion, CoinShares International Limited became a wholly owned subsidiary of CoinShares PLC, which now serves as the publicly listed parent company on Nasdaq.
Why the United States
The Nasdaq listing positions CoinShares at the center of the world's largest and most liquid capital market at a moment of accelerating institutional adoption of digital assets. The US market offers:
- Enhanced access to the deepest pool of institutional capital globally
- Expanded sell-side analyst coverage and research visibility
- A platform to accelerate CoinShares' US product expansion and growth strategy
- Proximity to the regulatory and market-standard developments shaping the future of institutional digital asset management
CoinShares ranks among the top four digital asset managers globally by crypto ETP assets under management, alongside BlackRock, Fidelity, and Grayscale, and holds the number one market position in Europe with approximately 34% market share. The Company manages over US$6 billion in assets across a 39-product suite spanning four platforms. CoinShares operates a recurring, fee-based revenue model that delivers strong profitability and free cash flow generation.
Management Commentary
Jean-Marie Mognetti, Co-Founder, President and CEO of CoinShares, stated: "Today CoinShares begins a new chapter. After more than a decade of building institutional-grade digital asset infrastructure in Europe, we are bringing that expertise to the world's largest capital market.
But this listing is about more than a change of venue. It reflects the strategic evolution of CoinShares from a pure-play ETP provider into a diversified asset manager specializing in digital assets. We are continuing our development whilst diversifying both our product and revenue mix, including new capabilities in listed asset management, active alternative strategies. and decentralized finance. We intend to enhance our organic growth strategy through targeted and well priced acquisition. Our story starts with our US listing; it doesn't finish there."
Nicholas Petruska, CEO of Vine Hill Capital, stated: "We are pleased to have completed this business combination with CoinShares, a company that exemplifies market leadership, operational discipline, and demonstrated the capacity to execute a very sophisticated transaction. The combination of CoinShares' decade-long track record in digital assets with a US listing creates a compelling investment proposition for investors at a time of accelerating institutional adoption."
For more information on CoinShares' Nasdaq listing and US strategy, visit www.coinsharesipo.com
Additional Information
Stifel and Keefe, Bruyette & Woods (KBW), a Stifel Company, served as financial advisors to CoinShares, as well as Sole Placement Agent. White & Case LLP served as legal counsel to CoinShares and CoinShares International Limited and Paul Hastings LLP served as legal counsel to Vine Hill Capital Investment Corp. in connection with the transaction.
About CoinShares
CoinShares is a leading global asset manager specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq under the ticker CSHR. For more information on CoinShares, please visit: https://coinshares.com
About Vine Hill Capital Investment Corp.
Vine Hill was a special purpose acquisition company sponsored by an affiliate of Vine Hill Capital Partners and formed as part of a platform to sponsor a series of SPACs. Vine Hill completed its US$220 million initial public offering in September 2024 and was listed on Nasdaq under the ticker VCIC. Vine Hill Capital Partners is a premier alternative investment manager dedicated to helping businesses achieve their full potential and unlocking shareholder value through leveraging the public markets.
For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100 | corporateir@coinshares.com
Press Contact
CoinShares
Benoît Pellevoizin
bpellevoizin@coinshares.com
M Group Strategic Communications
Peter Padovano
coinshares@mgroupsc.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated benefits of the Business Combination, the Company's business strategy, and plans and objectives of management for future operations. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. Factors that may cause actual results to differ include, but are not limited to: (1) a delay or failure to realize the expected benefits from the Business Combination; (2) risks related to disruption of management time from ongoing business operations due to post-closing matters; (3) changes in the markets in which CoinShares competes, including with respect to its competitive landscape, technology evolution, or regulatory changes; (4) changes in the digital asset markets; and (5) the risk that the Company may not be able to execute its growth strategies. The foregoing list of factors is not exhaustive. CoinShares does not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by law.
