CoinShares plans to go public in the U.S. and raise approximately $50 million

According to Odaily, digital asset management company CoinShares announced plans to merge with Vine Hill Capital Investment Corp., a special purpose acquisition company listed on the Nasdaq Stock Market, and Odysseus Holdings Limited, a Jersey entity, to facilitate the change of listing of CoinShares' common stock from the Nasdaq Stockholm Exchange to the Nasdaq Stock Market in the United States. Additionally, the company plans to privately issue 5,000,000 shares of its common stock to private investors at a price of $10.04 per share, raising approximately $50 million. (Globenewswire)