Share this article
Crypto Fund CoinShares Jumps 33% in First Day on Nasdaq's Swedish Exchange
The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.
Updated Sep 14, 2021, 12:24 p.m. Published Mar 11, 2021, 5:56 p.m.
CoinShares, a European digital asset investment firm, jumped 33% in its first day of trading on the Nasdaq First North Growth Market in Sweden.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
According to the exchange's website, the shares (under the ticker CS) started the day trading around 81.9 Swedish krone (SEK) and ended at 109.12 SEK, implying a market capitalization of 7.3 billion SEK ($860 million).
As reported earlier by CoinDesk, the shares were initially offered at 44.90 SEK, so the exchange's closing price implies that holders at that price level have already doubled their money, and then some.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase deepens India presence after approval of CoinDCX deal
The approval follows a challenging year for CoinDCX which included a significant security breach, though customer funds remained safe.
What to know:
- India's competition regulator has approved Coinbase's acquisition of a minority stake in CoinDCX, enhancing its presence in the Indian crypto market.
- The approval follows a challenging year for CoinDCX, including a significant security breach, though customer funds remained safe.
- Coinbase is renewing its focus on India, resuming user registrations and planning to introduce a rupee on-ramp in 2026.
Top Stories
