CoinShares
, a European investment company for digital assets, jumped 33% during its first trading day on the Nasdaq First North Growth Market in Sweden. According to the stock exchange’s website, the shares are (below
ticker CS
) started the day trading around SEK 81.9 (SEK) and ended at SEK 109.12, which meant a market capitalization of SEK 7.3 billion (USD 860 million). As previously reported by CoinDesk, the shares were initially offered at SEK 44.90, so the stock market’s closing price means that holders at that price level have already doubled their money and then some.
Source: sn.dk