Popular crypto investment firm CoinShares announcethat the company’s shares have been listed on the Nasdaq Stock Exchange, where the abbreviation of the company’s stock is CS
Previously, CS shares were traded on the Nasdaq First North Growth Market, a stock trading platform for small to medium-sized companies in Europe. CoinShares has gone public and will trade on the Nasdaq First North Growth Market for the first time in March 2021.
At this time, it’s not known if CoinShares will offer more shares to be traded on Nasdaq Stockholm.
“CoinShares shareholders have nothing to do with this change,” the company said.
CoinShares CEO Jean-Marie Mognetti revealed that the company has switched to Nasdaq Stockholm to give investors more access to the company’s shares and grow in the market.
“We believe that when we change the market we list our stocks, we will have more investors who can access our stocks and grow our stocks.”
CoinShares initially offered its stock in March 2021 at 44.9 Swedish Kronor (SEK), or approximately $5.3 per share, according to TradingView. go down
CS shares currently trade at 21 SEK, or about $2, down 2% since listing on Nasdaq Stockholm.
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