CoinShares Receives Irrevocable Undertakings from Board Members for Proposed Vine Hill Transaction

Shareholders representing over 80% of CoinShares shares commit to vote in favor of the deal

Jan. 30, 2026 at 9:55am

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CoinShares International Limited announced it has received irrevocable undertakings from all members of its Board of Directors who hold CoinShares shares, as well as certain other shareholders, to vote in favor of a proposed merger with Vine Hill Capital Investment Corp. The transaction would facilitate a change in CoinShares' listing venue from Nasdaq Stockholm to the Nasdaq Stock Market in the United States.

Why it matters

The deal represents a significant milestone for CoinShares as it looks to transition its listing to a major U.S. exchange. The strong shareholder support, including from the entire CoinShares board, suggests confidence in the strategic rationale behind the transaction.

The details

CoinShares has received irrevocable undertakings from Viktor Fritzén, Johan Lundberg and Carsten Køppen, all members of the CoinShares Board of Directors, to vote in favor of the proposed scheme of arrangement. Additionally, Daniel Masters and Jean-Marie Mognetti, also CoinShares board members, have previously provided irrevocable undertakings to support the transaction. In total, CoinShares has received irrevocable undertakings representing over 80% of its issued share capital.

  • On September 8, 2025, CoinShares announced the proposed merger plan with Vine Hill.
  • The meeting of CoinShares shareholders to approve the scheme of arrangement will be convened by order of the Jersey Court.

The players

CoinShares International Limited

A leading global digital asset manager that delivers a broad range of financial services across investment management, trading, and securities.

Vine Hill Capital Investment Corp

A special purpose acquisition company sponsored by an affiliate of Vine Hill Capital Partners, formed to sponsor a series of SPACs.

Viktor Fritzén

Member of the CoinShares Board of Directors.

Johan Lundberg

Member of the CoinShares Board of Directors.

Carsten Køppen

Member of the CoinShares Board of Directors.

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What’s next

The judge in the case will decide on whether to approve the scheme of arrangement at the Jersey Court Meeting.

The takeaway

The strong shareholder support for the CoinShares-Vine Hill merger, including from the entire CoinShares board, demonstrates confidence in the strategic rationale behind the transaction as CoinShares looks to transition its listing to a major U.S. exchange.