According to its annual filing, European crypto asset manager CoinShares recorded gross assets under management of $7.4 billion in 2025, its first full-year report since completing a $1.2 billion merger with special purpose acquisition company Vine Hill and listing on Nasdaq under ticker CSHR earlier this month.
The firm reported full-year revenue of $165.7 million, with asset management business revenue reaching $126.4 million, up 13% from $111.7 million in 2024. CoinShares’ Physical fund ranked as the top digital asset ETP by net inflows in 2025, according to CEO Jean-Marie Mognetti.
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