Native has structured and placed a $50 million Directors and Officers (D&O) insurance programme for CoinShares following the firm’s listing on the Nasdaq Stock Market.
CoinShares began trading on Nasdaq on 1 April 2026 following the completion of its merger with Vine Hill Capital Investment Corp.
This D&O programme provides protection for CoinShares, its directors and officers, against a range of exposures associated with being a publicly listed company, such as securities claims, regulatory investigations and breaches of fiduciary duty.
The programme was designed to address a complex risk profile combining digital assets, a De-SPAC transaction and a US public listing for a Jersey-domiciled business. It includes one global insurance firm which wrote its first-ever D&O policy for a digital asset business as part of the process.
Jean-Marie Mognetti, co-founder and CEO at CoinShares, said: “Listing on Nasdaq raises the bar on every part of how a business is run, including its risk and insurance arrangements. Native ran a disciplined global process and built a programme that fits CoinShares as it is today: a regulated, institutional asset manager operating at scale in digital assets. Their work is a good example of what specialist execution looks like in our sector.”
Ben Davis, CEO and co-founder at Native, added: “This was a highly complex placement, combining digital assets, a De-SPAC transaction and a US public listing for a Jersey-domiciled business. Each of those elements can narrow insurer appetite, and together, required a deeply specialised and tailored global market process.
“What stood out to the insurers we worked with was CoinShares’ track record, governance framework and institutional maturity. More broadly, this placement reflects the growing maturity of the digital asset sector. As more regulated and publicly listed firms expand into digital assets, the supporting infrastructure around risk and insurance needs to mature alongside them.”
Read our interview with Jean-Marie Mognetti about the company’s listing on the Nasdaq.
