Crypto Investment Firm CoinShares Begins Trading on Nasdaq Nordic
The Jersey-based investment firm said its offering was oversubscribed, garnering subscriptions for nearly $80 million.
Argo also said it mined 167 bitcoin in June, compared with 166 in May.
The move caused prices for many altcoins to plummet by 50% or more, causing considerable losses among retail investors.
The listing "has a very powerful branding effect on the project," Fetch.ai CEO Humayun Sheikh told CoinDesk Wednesday.
The company claims it will be the first investment company focused solely on the NFT market to launch on a stock market in a major jurisdiction.
Coinbase plans the resale of 114,850,769 shares of Class A common stock for its public offering.