"Do you think the shares of this crypto investment company have great potential?"
The main cryptocurrency investment firm, CoinShares (CS) without wasting time started trading on Nasdaq Stockholm, the main securities exchange of the Nordic countries officially on December 19 yesterday.
The following actions could change the listing position of CS shares after its shares were previously traded on the Nasdaq First North Growth Market, an alternative stock for small and medium-sized companies in Europe.
It is also well known that the purpose of the change in trading location is to develop CS into a leading digital asset investment and trading company in the world, commented CS Chief Executive Officer (CEO), Jean-Marie Mognetti.
He added that he is confident that the reform can bring various benefits to his company such as attracting more investors to use their services.
While Nasdaq's head of European listing, Adam Kostyál hopes to see CS develop and grow through international exposure in the cryptofinance community.
Although the crypto market was hit by a terrible shock due to the FTX crisis, CS was still able to maintain its performance based on their strong cash flow.
On a record, CS shares peaked at 115 Swedish Kronor (SEK) in April 2021 after the company launched its initial public offering (IPO) at 44.9 SEK worth $5.3 per share, but is now retreating.
