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RNS - Norwegian Block Exchange (NBX) issues its third Put Option Notice

Company: Norwegian Block Exchange AS Date: 2025-05-21 Language: English Register to download

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 Norwegian Block Exchange (NBX) issues its third Put Option Notice

# Norwegian Block Exchange (NBX) issues its third Put Option Notice

OSLO, NORWAY - May 21, 2025 - Norwegian Block Exchange (NBX), a leading Nordic cryptocurrency exchange and digital asset platform, has issued its third Put Option Notice related to the agreement with LDA Capital Ltd. ("LDA").  

  

In September 2022, NBX secured a preliminary NOK 100 million capital commitment from LDA, a Los Angeles-based global investment group, by entering into a Put Option Agreement. NBX has the right to exercise the capital commitment at its own discretion. NBX is now utilizing the facility to draw funds in exchange for issuing new shares to LDA. Until new shares are issued, and as part of the agreement, Observatoriet Invest AS have agreed to lend LDA 12, 259, 690 shares.  

  

About Norwegian Block Exchange (NBX)  

  

Founded in 2018, Norwegian Block Exchange (NBX) is a trusted cryptocurrency exchange serving the Nordic market. Licensed and regulated in Norway, NBX offers secure trading of digital assets, custody solutions, and blockchain technology services for retail and institutional clients. NBX is committed to providing a compliant trading environment with robust security measures and transparent operations. The company issued the first credit card in the world with BTC cashback.  

  

Contact person: Stig Kjos-Mathisen, CEO  

Email: stig.aleksander.kjos-mathisen@nbx.com,  

Phone: +47 932 87 572