PANews reported on April 1st that, according to CNBC, European cryptocurrency asset management company CoinShares completed its merger with SPAC Vine Hill Capital on Tuesday evening and will begin trading on Nasdaq on April 1st. The merged company is valued at approximately $1.2 billion, with the stock ticker CSHR. The company manages approximately $6 billion in assets and offers structured investment products, including the CoinShares Bitcoin ETF. CEO Jean-Marie Mognetti stated that the listing was aimed at achieving growth in the US market. Although cryptocurrency stocks are currently facing an industry-wide downturn, the company believes the timing of the listing depends on business readiness rather than market window. CoinShares was previously listed on the Nasdaq Stockholm exchange in Sweden.