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CNBC

CoinShares begins trading on Nasdaq through SPAC merger

CNBC · New
CNBC
CNBC
New

Jean-Marie Mognetti, co-founder and CEO at CoinShares, joins 'Money Movers' to discuss the company's Nasdaq debut, the state of the crypto space, and more.

Breakdown
  • CoinShares operates on a fee-based revenue model, not dependent on asset price rises 8s
  • Volatility in digital assets has diminished over the past six months 14s
  • CoinShares stock debuted down 20% but listed due to company readiness, not market timing 59s
  • CoinShares has shifted from retail to institutional clients since 2014 1m 49s
  • The U.S. is now CoinShares' main growth market after establishing in Europe 1m 49s
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