Norwegian Block Exchange AS

Regulatory Filings • Feb 13, 2023

NBX launches digital asset custody solution

NBX launches digital asset custody solution

Oslo, 13, February 2023 – Norwegian Block Exchange AS (NBX), the first publicly

listed crypto exchange in the Nordics, launches institutional digital asset custody. The custody solution can be tailored to meet the needs of the customer.

With the NBX Custody solution the customer can implement governance rules that comply with regulatory requirements and internal policies, such as whitelisting of addresses and smart-contract interaction, transfer amount and co-signing.

The custody solution can also be white-labeled allowing financial institutions, e.g banks or wealth managers to offer their customers an insured digital asset custody solution, combined with NBX’s crypto-compliance-as-service it is an out of the box solution for corporations that want to offer their customers a secure and compliant digital custody solution.

Digital asset custody is a business area that is expected to have exponential growth in the coming years, with the emergence of metaverse and web3.

"I am very excited about the opportunities this solution offers our customers and not at least new customers. This is another important step in bridging the gap between traditional and digital finance. The custody solution allows traditional finance a safe gateway to digital finance", says Stig Aleksander Kjos-Mathisen.

Link to service https://nbx.com/en/custody

--------

Contact person:

Stig Kjos-Mathisen - CEO Mail: stig.aleksander.kjos-mathisen@nbx.com, Phone: +47 93287572