Investor Relations

Norwegian Block Exchange (NBX) is a financial services company building products and services based on digital assets. We operate one of the largest platforms for trading cryptocurrencies in the Nordics. Our goal is to open the doors to the world of digital assets for everyone.

We started with a cryptocurrency exchange, and will continue to offer our customers new, trusted services enabled by crypto. We believe crypto is key to the financial infrastructure of the future.

NBX was founded in 2018, and is headquartered in Oslo, Norway. The company is registered with Finanstilsynet (the Norwegian Financial Supervisory Authority) and is listed on Oslo Stock Exchange Euronext Growth.

Investor relations contact:
[email protected]

The Board of Directors

Nils Kristian Sundling - Chairperson
Nils Sundling, board member Nils Sundling has a background from the bank and financial sector in Norway. He has had a multitude of leading position in banks and financial institutions. Sundling was, at the turn of the millennium, responsible for setting up the first internet bank in Norway, NOR 24. He has been CEO in the British consultancy company C3, which was involved in the establishment of several internet banks in Norway. For the last 15 years, Nils Sundling has been an investor and founder, and has amongst other things, headed the BPO company Runway, and is the founder of the dentist chain “Tannfeen”. He has been a board member of Webhelp Nordic, Scandinavian House, Runway and Tannfeen Norge, and is presently board member Ideco Group.

Bjørn Kjos - Member
Founder of Norwegian Air Shuttle and CEO from 2002 until 2019 in which period the airline grew from a few airplanes to become Europe’s third and the world's fifth largest low-cost carrier operating around 170 aircrafts. Bjørn Kjos is also co-founder of Bank Norwegian which purpose was to facilitate the airlines loyalty program, the bank is currently worth about 1.8 billion USD. Before becoming the CEO of Norwegian Air Shuttle Bjørn Kjos worked as a lawyer admitted to the Supreme Court of Norway.



Peter Warren - Member
Peter Warren has worked in finance since 1987 and has extensive experience in trading, asset management, and board work. He has previously served as Chief Dealer at Finansbanken, was a partner at Vogt & Vogt, and ran the hedge fund Warren Capital from 2003 to 2015. Warren has been subject to regulation by the Financial Supervisory Authority of Norway (Finanstilsynet) for much of his career. After 2015, he was appointed by the Ministry of Finance to manage the Norwegian Radium Hospital's Legacies (Radiumhospitalets Legater). Today, he remains active in the market and holds several board positions.



Ingvild Kjerkol - Member
Ingvild Kjerkol has extensive experience in public administration and political work. She has a background in health and management and has served as a Member of Parliament and Minister of Health and Care Services, among other roles. Kjerkol has comprehensive insight into governance, regulations, and social responsibility and brings valuable experience from leading roles in the public sector.



Undine Bude - Member
Undine Bude began her career as an investor in the early '90s. Among many other things, she invested in plastic recycling in the late '90s, when the topic was far from relevant in the Baltics. She created one of the first deposit-return systems when such systems were only in their initial phase in Europe. Her investments in a leading medical diagnostics company provided the wider public with access to some of the newest medical technologies available worldwide. She has also made investments in research on rare diseases, and since 2017, she has made several fintech and crypto-related investments. Undine Bude has always been involved in various social activities—she is one of the founding members of the Baltic Institute for Corporate Governance, which promotes best governance practices nationwide, and she is an active member of the National Library Foundation.

Vegard Kristiansen - Member
Vegard Kristiansen is the Founder and Chief Executive Officer of TechHedge Labs, where he leads the company’s strategic direction and oversees its expansion in the technology sector. An early investor in Ethereum since 2015, Vegard recognized the potential of blockchain technology and engaged in private cryptocurrency investments that have proven highly profitable overtime. In TechHedge Labs, he oversees operations that include a 3,000-square-foot facility equipped with around 70 servers. Collaborating with Filecoin developers and system engineers, his team tests new software before its release to the Filecoin network and contributes data and test environments for the Filecoin community.


Anne Helene Kjos-Mathisen
- Member
Anna Helene Kjos-Mathisen represents the second largest owner of NBX through Nye KM Aviatrix Invest AS, and through personal ownership. She is the managing director of Airwing AS, a Norwegian-based private aviation company. Anna has 12 years of experience in commercial aviation, both as a former pilot and as responsible for the recruitment of crew at Norwegian.

Management

Stig A. Kjos-Mathisen - Chief Executive Officer
Stig is an ex-military serving 12 years in the Norwegian Special Forces and the Intelligence Service. Gaining experience ranging from tactical to strategic operational planning and execution and leadership from team to squadron level. Before co-founding NBX Stig was head of the manpower resource planning department for Norwegian Air Shuttle. Stig also holds a Master of Science in Finance from BI Norwegian Business School and HEC Lausanne. Stig is a board member at the Norwegian Computer Society Group for Blockchain.

Trond PettersenChief Risk and Compliance Officer
Trond has more than 20 years of experience from the finance industry where he started out as a software developer. He has extensive experience with internal control, risk management and compliance from holding positions like Quality and security manager for VPS and later Chief Compliance Officer for Euronext Securities Oslo. Trond holds a master’s degree in Industrial economics and computer science from NTNU.

Nicolai Lunde - Chief Financial Officer
Nicolai joins NBX from his previous position at Kistefos AS. His extensive experience includes serving as a Board Member at Morrow Bank ASA, where he was part of the Audit and Risk Committee. Prior to joining Kistefos, Nicolai worked as Head of Analysis in Bank Norwegian focusing on Risk Management and Operative improvements. His previous experience includes Consultancy in EY as Internal Auditor for the Financial Services Risk Management division and Analyst & Advisory roles in Nordea. Nicolai holds a Master of Science in Corporate Finance from Cass Business School and a Master of Arts in Business & Finance from Heriot-Watt University.

Alex Karpov - Chief Technological Officer
Alex is a highly skilled software engineer and technology leader with over 15 years of experience in various industries. Before joining NBX, he held positions at Bisnode, Real Audience, and SoftServe, where he led technical teams and implemented projects in digital advertising, data analytics, and healthcare. Also, he holds a Master's degree in Control Automation Systems from Dnipro National University.

Inna Romanenko - Chief AML Officer
Inna has deep knowledge and experience within the AML field. She has worked in a large commercial bank in Latvia, called Rietumu Bank, serving corporate clients and wealthy individuals. She also has MSc in Finance and CAMS certification, which is recognized as the gold standard in AML by institutions, governments and regulators worldwide.

ARTICLES OF ASSOCIATION OF NORWEGIAN BLOCK EXCHANGE AS
(Adopted at the Extraordinary General Meeting on 3. February 2025)

§ 1- Company name
The company's name is Norwegian Block Exchange AS.

§2 - Business office
The company's business office is in Bærum municipality.

§3 - Business
The company's business is investment, development and dissemination of payment solutions and systems,
including for financial instruments.

§4 - Share Capital
The share capital is NOK 41,112,287.80 divided into 205,561,439 shares, each with a nominal value of NOK 0.20.
The company's shares are registered in Verdipapirsentralen ASA (VPS).

§5 - Board
The company shall have a board from three to seven members, according to the general meeting's further decision.

§6 - Signature and power of attorney
The company may be signed by the board jointly. The board can issue a power of attorney.

§7 - General meeting
At the annual general meeting, the following issues shall be considered and decided:
• Approval of the annual accounts and the annual report, including the distribution of dividends.
• Other matters which according to the law or the articles of association belong to the general meeting.

§ 8 - Free trading of shares
The shares in the company are freely negotiable, including no pre-emptive right or board consent
under the Companies Act or other trading restrictions in the event of a change of ownership of shares.

Newsweb press releases NBX

Full list of company press releases can be found on euronext.

Q2 - 2025 || NBX establishes Bitcoin Treasury Strategy, becoming Norway's First Publicly Listed Bitcoin Treasury Company.
Bitocin Treasury Strategy Explained (video presentation in norwegian) and The Rise of Bitcoin Treasury Companies (video presentation in norwegian) 
Q2 - 2025 || NBX enters agreement to provide custodial services to entities within the Cardano Ecosystem.
Q2 - 2025 || NBX launches Cardano Native Tokens Hosky and Palm, as well as USDM trading pairs BTC/USDM, USDC/USDM.
Q2 - 2025 || NBX enters a strategic parternship with Globitex Holding AS (Globitex).
Q1 - 2025 || Over The Counter (OTC) minting and burning of USDM available on NBX.com.
Q4 - 2024 || Announced that USDM is available for trade on NBX.com.
Q3 - 2024 || Appointed Nicolai Lunde as CFO to spearhead Digital Asset bank transition.
Q3 - 2024 || Made agreemenmt with LOAX for distributing NBX Visa credit card.
Q2 - 2024 || Launched a benefits program for NBX shareholders who hold NBX Visa credit card.
Q2 - 2024 || Launched Swish, the Swedish equivalent to Vipps for our Swedish customers.
Q2 - 2024 || Launched Polkadot on our Platform.
Q2 - 2024 || Entered into an agreement with Stjørdalsblink to be one of their sponsors.
Q2 - 2024 || Launched Algorand on our platform.
Q2 - 2024 || Launched Avalanche on our platform.
Q2 - 2024 || Launched Solana on our platform.
Q2 - 2024 || Increased the default cash back on our NBX Visa credit card from 0,5% to 1%.
Q2 - 2024 || Launched Cosmos on our platform.
Q2 - 2024 || Launched Stellar on our platform.
Q2 - 2024 || Launched Apple Pay for our NBX Visa credit card.
Q2 - 2024 || Entered into a partnership with Moneta to be the european issuer of the USDM stablecoin - the first 1:1 fully fiat-backed stablecoin on the Cardano blockchain.
Q1 - 2024 || Granted a license from the Financial Supervisory Authority of Norway to start operating as an e-money institution.
Q1 - 2024 || Increased the credit limit of our NBX Visa credit card to 50K NOK.
Q1 - 2024 || Established SunSpearX - An innovative company that aims to provide retail access to profitable solar energy and battery projects.
Q1 - 2024 || Launched The Mint - a one of a kind marketplace for tokenized rubies and sapphires..
Q1 - 2024 || NBX Buys The Mint AS.
Q4 - 2023 || NBX and Huddlestock announces partnership.
Q4 - 2023 || Update on Spenn, not likely with bid but will continue dialogue over remittance solutions.
Q3 - 2023 || NBX makes agreement with The Mint on tokenizing rubines.
Q3 - 2023 || NBX and AKJ makes strategic partnership.
Q3 - 2023 || NBX ranked in top positiion on AML rankings by hoptrail.
Q3 - 2023 || NBX Visa Credit card launches.
Q3 - 2023 || NBX launches litecoin and Dodgecoin.
Q2 - 2023 || Reduction fo costs in NBX.
Q2 - 2023 || XRP trading live on NBX.com.
Q2 - 2023 || Non-Binding indactive offer from Spenn Technology AS.
Q2 - 2023 || Staking as a service agreement with Iagon.
Q1 - 2023 || Partnership with Spenn Technology and Jenga X.
Q1 - 2023 || NBX Visa Credit Card testing is going well. Expected launch mid May.
Q1 - 2023 || NBX exercises on the put option agreement with LDA Capital.
Q1 - 2023 || NBX kicks off the Staking as a Service Operation by delivering tailor made staking services to Iagon.
Q1 - 2023 || NBX Partners with Swedish Goobit Group on distribution of NBX Visa credit cards with Bitcoin kickback in the Swedish market.
Q1 - 2023 || NBX partners with Spenn Technology and JengaX.
Q1 - 2023 || NBX, the Norwegian cryptocurrency exchange and custodian, partners with Blockbridge to launch a Bitcoin ATM in Oslo.
Q1 - 2023 || NBX and ACE Asset Management announces partnership to develop market making for futures and derivatives of Bitcoin and Ethereum.
Q1 - 2023 || NBX launches digital asset custody solution.
Q4 - 2022 || As the first exchange in the Nordics, launched Staking, an opportunity for passive income.
Q3 - 2022 || Secured a NOK 100 Million equity financing facility..
Q3 - 2022 || Chosen by Norges Bank (the Central bank of Norway) for a new phase of its experimental test of CBDC development,
Q3 - 2022 || Announced plans to offer the first Nordic Visa credit card with Bitcoin rewards.
Q3 - 2022 || E-money lisence granted by Finanstilsynet.
Q3 - 2022 || NBX entes into agreement with Fireblocks to further accelerate crypto services.
Q2 - 2022 || NBX and eGroup have signed a letter of intent regarding the launch of the first crypto index fund in nordic.
Q2 - 2022 || NBX and Adyen partners on payment services.
Q4 - 2021 || First day of trade for NBX on Euronext Growth 14.12.2021.
Q3 - 2021 || Launched new front end design.
Q3 - 2021 || Added trading in Cardano (ADA) in August.
Q2 - 2021 || Chatbot launched to educate/inform customers about trading, crypto and use of the platform.
Q2 - 2021 || ~18,000 Registered Customers end of May.
Q2 - 2021 || Surpassed NOK 132m in monthly trading volume.
Q2 - 2021 || Opened trading in SEK and DKK markets.
Q1 - 2021 || Added trading in CACHE Gold Token (CGT).
Q1 - 2021 || Opened trading in EUR markets.
Q1 - 2021 || NBX Capital AS was founded on 6 January 2021.
Q1 - 2021 || OTC trading service.
Q3 - 2020 || NOK 12m in monthly trading volume.
Q3 - 2020 || Reached 2,000 fully Onboarded Customers.
Q2 - 2020 || Reached 1,000 fully Onboarded Customers.
Q2 - 2020 || Release of mobile friendly trading.
Q2 - 2020 || Onboarding of international customers made possible.
Q1 - 2020 || Established accounts with Sbanken and Sparebanken Vest for client funds.
Q1 - 2020 || Launch of NBXchange.
Q4 - 2019 || Platform launched for beta customers.
Q3 - 2019 || Completed a successful funding round.
Q2 - 2019 || Registered as an Exchange and Custodian for virtual assets with the NFSA on 3 June 2019.
Q4 - 2018 || Established the technology platform, started writing code and built a developer team.
Q1 - 2018 || NBX was founded on 3 January 2018.

Årsregnskap

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Årsberetning

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Annual report

Download

Q4 - Fourth quarter report

Download

Q3 - Third quarter report

Download

Q1 - First Quarter Report

Download

H1 - Semi-Annual Report

Download

Annual report 2022

Download

MINUTES FROM THE EXTRAORDINARY GENERAL MEETING

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NOTICE OF EXTRAORDINARY GENERAL MEETING

Download

H1 -First half

Download

Annual report 2023 Mehen Finance Ltd Update

Download

NBX revisor beretning 2023

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Annual report 2023 highlights

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Annual report 2023

Download

H1 2023 report

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Innkalling Ordinær Generalforsamling

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Protokoll Ordinær Generalforsamling NBX 2024

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Innkalling til Ordinær Generalforsamling NBX 2024

Download

Annual report 2024

Download

NBX Company Presentation November 2024

Download

H1 Report 2024

Download

Protokoll Ordinær Generalforsamling NBX 2025

Download

Innkalling Ordinær Generalforsamling NBX 2025

Download

NBX Shareholders as of 7. April 2025

Download

Financial calendar for 2021

22.02.2022 – Quarterly Report – Q4

28.04.2022 – Annual Report

Financial calendar for 2022


25.04.2022 - Extraordinary general meeting

27.05.2022 – Annual General Meeting

18.08.2022 – Half-yearly Report

27.04.2023 - Annual report

Financial calendar for 2023

27.04.2023 - Annual report 2022

25.05.2023 - Annual General Meeting

10.08.2023 - Half year report 2023


Financial calendar for 2024

30.04.2024 - Annual report 2023

13.06.2024 - Ordinary General Meeting

20.09.2024 - Half year report 2024


Financial calendar for 2025

10.04.2025 - Annual report 2024

18.09.2025 - Half Year report 2025

24.06.2025 - Ordinary General Meeting

Investors contact
[email protected]

Share information

https://live.euronext.com/nb/product/equities/NO0010984966-MERK/norwegian-block-ex/nbx/quotes


Name: Norwegian Block Exchange AS
Ticker: NBX
ISIN: NO 0010984966
Total number of shares: 205,561,439 (As of 7th April 2025).

Major shareholders - as of 7th April 2025

Nr
Ownership in %
Name
1
9,95768
PER ØYAN AS
2
9.91800%
OBSERVATORIET INVEST AS
3
8.41554%
NYE KM AVIATRIX INVEST AS
4
7.54071%
NORDNET LIVSFORSIKRING AS
5
6.47009%
KRISTIANSEN, VEGARD
6
3.34025%
IDECO INVEST AS
7
3.32454%
SPAREBANK ØST
8
2.74862%
Dansk Bank A/S
9
2.30823%
NYE GKB INVEST AS
10
1.80943%
GREEN 91 AS
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