crypto.news 2025-05-14 10:57:33

London-listed crypto firm Vinanz secures $4m backing for US Bitcoin push and dual listing plans

Vinanz, a Bitcoin-focused firm listed on the London Stock Exchange, has secured $4 million to expand its U.S. operations and pursue a potential Nasdaq listing. London-listed Bitcoin ( BTC ) mining firm Vinanz has secured up to $4 million in investment from an undisclosed “global asset manager,” with plans to boost its U.S. operations and pursue a potential dual listing on Nasdaq , the firm revealed in a regulatory filing . The deal was secured through U.S. investment bank Dominari Securities, who have been working with the firm since April. According to the filing, the investment agreement is structured into two tranches. The first one, valued at $2 million, will be used to support the firm’s efforts in growing its Bitcoin reserves. The second tranche, also $2 million, can be used later if certain conditions are met. You might also like: M&G-backed crypto venue GFO-X launches services in UK, joining derivatives push A spokesperson for Vinanz said the investment positions the firm well as it focuses on “growing our Bitcoin holdings in preparation for the potential Nasdaq dual listing.” Vinanz has been exploring a Nasdaq listing since early 2025, when it hired U.S. law firm Lucosky Brookman LLP to assess the move. The firm said the listing would give it more access to institutional investors and U.S. capital markets, though no timeline for the dual listing has been revealed thus far. Vinanz moved to the London Stock Exchange’s Main Market in January, after previously trading on the AQSE Growth Market. Read more: Trump-linked American Bitcoin merges with Gryphon Digital Mining