CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries.
CoinShares officially announced the first day of trading on Nasdaq Stockholm’s main market, with CoinShares’ stock starting trading on the exchange under the ticker CS.
The latest trading debut marks a change of listing venue for CoinShares’ stocks. Previously, CS shares were traded on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies in Europe. CoinShares first went public by listing its shares on the Nasdaq First North Growth Market in March 2021.
According to the latest announcement, there is no offering or issuance of new shares in connection with the CoinShares’ shares being admitted to trading on Nasdaq Stockholm.
Shareholders of CoinShares do not need to take any action in connection with the change of listing venue, the company noted. According to CoinShares CEO Jean-Marie Mognetti, the change in trading venue aims to emphasize the company’s commitment to developing the firm into the leading full-service digital asset investment and trading group.