Norwegian Block Exchange Adds Bitcoin to Treasury
- Lyla Velez
- June 2, 2025
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Key Takeaways:
- NBX adopts Bitcoin treasury, leading corporate cryptocurrency adoption in Norway.
- Repositions as Norway’s first public Bitcoin treasury company.
- Expands revenue opportunities and strengthens market competitiveness.
Norwegian Block Exchange (NBX) has announced its milestone decision to acquire Bitcoin, becoming Norway’s first publicly listed Bitcoin treasury company as of June 2, 2025.
NBX’s Bitcoin treasury strategy marks a pivotal shift in corporate Bitcoin adoption, enhancing its presence in the Nordic cryptocurrency market.
NBX, founded in 2018, is a prominent Nordic cryptocurrency exchange, under CEO Stig Kjos-Mathisen. The company’s acquisition of Bitcoin for its treasury highlights a strategic move to become a digital asset bank. Recent interaction with LDA Capital Ltd. enabled NBX through a NOK 100 million commitment, facilitating growth and treasury expansion.
“As the first publicly listed Bitcoin treasury company in Norway, we are positioning ourselves for generating Bitcoin yield for private and corporate customers.” — Stig Kjos-Mathisen, CEO, Norwegian Block Exchange
NBX aims to support private and corporate customers by generating Bitcoin yield and introducing Bitcoin-backed loans. This aligns with their broader goal of being the sole issuer of the MiCA-compliant stablecoin on the Cardano blockchain. As Norway’s first Bitcoin treasury company, NBX is positioned to create innovative revenue streams.
The introduction of Bitcoin to NBX’s financial structure underscores significant changes in the market perception of cryptocurrencies. This decision furthers NBX’s strategic objectives to offer advanced digital solutions in the Nordic region. As Bitcoin becomes part of its balance sheet, NBX may influence other corporations in the region to explore Bitcoin’s potential.
The impact of such institutional adoption can ripple through the markets, influencing how cryptocurrencies are integrated into corporate financial infrastructures. Historical trends suggest that such initiatives may inspire further adoption and regulatory discussions. As NBX embeds Bitcoin into its operations, it may set precedence for future institutional crypto strategies.
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