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Norwegian Block Exchange Secures Large Private Investment

Oslo, Norway, Jan 9, 2021 – (ACN Newswire) – Just before entering 2021, Norwegian Block Exchange has received a 60 million NOK investment that was arranged by Pareto Securities — the leading investment bank in the Nordics, that acted as the sole manager and book-runner. This puts NBX in a prime position to continue to develop its trading platform for cryptocurrencies and digital assets, as well as new products related to banking and E-money licenses.

Ever since their public launch in April 2020, NBX has been working towards becoming a preferred digital assets services provider in the Nordics. Since then, the product has attracted over 7000 clients, including institutional accounts, which, in turn, allowed them to grow their trading volume up to 20 million NOK by November. In doing so, they were able to engage major Norwegian investors and successfully close their most recent, 60 million NOK placement, which will help them to achieve the company’s ultimate goal of becoming a digital asset bank, further down the line. Read more…..

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