Collection European crypto asset management firm CoinShares merged with special purpose acquisition company Vine Hill Capital Investment Corp on September 8, achieving a backdoor listing on Nasdaq. This makes it the first European Web3 company to list in the U.S., with a valuation of $1.2 billion, representing a 37% premium over its European market value. Company Background Formerly known as Global Advisors, established in 1998, the company pivoted to the digital asset space in 2014 and was r...

Collection European crypto asset management firm CoinShares merged with special purpose acquisition company Vine Hill Capital Investment Corp on September 8, achieving a backdoor listing on Nasdaq. This makes it the first European Web3 company to list in the U.S., with a valuation of $1.2 billion, representing a 37% premium over its European market value. Company Background Formerly known as Global Advisors, established in 1998, the company pivoted to the digital asset space in 2014 and was r...