CoinShares Debuts on Nasdaq Stockholm
STOCKHOLM – Cryptocurrency investment firm CoinShares (ticker: CS) debuted its public company on the Nasdaq Stockholm index Monday, transitioning from its original trading index, Nasdaq First North Growth Market. No new shares are being offered from the Stockholm debut.
CoinShares CEO, Jean-Marie Mognettie, stated “We believe the change in listing venue will allow us to benefit from increased visibility and investor exposure while supporting our ambition to grow our market share.”
The move helps cryptocurrency’s marred reputation in the wake of the FTX collapse because it brings crypto trading to the forefront of investment, especially in Europe. At press time, CoinShares is trading at $2.10 USD, up 0.05% from its debut.