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CoinShares Schedules Its IPO On The Nasdaq First North Growth Market

Mary Liu

Summary: CoinShares, the pioneer crypto asset management company launched in 2013, announced that it will go public on the Nasdaq First North Growth Market in Stockholm on March 11, under the stock ticker "COIN".  The public offering will be carried out at a fixed price of 44.90 SEK per share, which brings the company a SEK 2.84 ...

CoinShares, the pioneer crypto asset management company launched in 2013, announced that it will go public on the Nasdaq First North Growth Market in Stockholm on March 11, under the stock ticker "COIN". 

The public offering will be carried out at a fixed price of 44.90 SEK per share, which brings the company a SEK 2.84 billion ($341 million) valuation before the offering. Its board of directors, management team, existing shareholders, and external investors have subscribed for approximately 125 million SEK shares, accounting for 83% of the shares. 

CoinShares has issued cryptocurrency-centric ETPs, such as Bitcoin ETP and newly launched Ethereum ETP, the company has an AUM of approximately $4.5 billion.

By Mary Liu

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Link: CoinShares Schedules Its IPO On The Nasdaq First North Growth Market   [Copy]
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