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Story summary
- CoinShares will go public through a $1.2 billion SPAC merger with Vine Hill Capital, forming CoinShares PLC.
- The listing is set to begin trading on Nasdaq.
- The move reflects increasing mainstream acceptance of digital assets.
- CoinShares manages $6 billion in assets and aims to expand its U.S. presence with the new listing.
- The merger provides a path to public markets while navigating regulatory challenges faced by traditional crypto IPOs.
