Regulatory Filings • Aug 20, 2025
Regulatory Filings
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Norwegian Block Exchange (NBX) Establishes TAO Treasury Strategy to Facilitate Trading of Subnet tokens
OSLO, NORWAY - August 20, 2025 - Norwegian Block Exchange AS (NBX), a leading Nordic crypto service provider and first Norwegian listed active Bitcoin treasury company, has obtained TAO to hold on its balance sheet.
Being the first publicly listed active Bitcoin treasury company in Norway has been a strategic enabler and the proof-of-concept is generating revenue for the company that will increase in the second half of the year. Consequently, the company announced today that is has obtained 1000 TAO from associated owners and board members Vegard Kristiansen and Ingvild Kjerkol (Per Øyan AS). The TAO will improve NBX’ operations within the Bittensor ecosystem and provide income.
NBX is already custodian and main trader for several hedge funds that operates in the digital asset space. Some has recently approached NBX to buy and hold TAO on our insured and secured OTC / custodian platform, in addition to the native Alpha tokens associated with the subnets operating within the Bittensor ecosystem. NBX is in the process of facilitating the first purchase of alpha tokens for these funds and will be a trusted, secure, efficient low-cost entry into various subnets. Being a publicly listed Norwegian company with an E-money licence, NBX can provide a regulatory safe on-ramp and off-ramp for subnets that leverages decentralised AI to solve real-world issues such as inference and weather prediction. Subnets and institutions are encouraged to reach out to participate in the proof-of-concept.
The company is dedicated to evaluating these initiatives in a responsible manner. As decentralised AI evolves into a more social and desirable alternative to centralised AI, institutions will follow in allocating to TAO and Alpha tokens. A listed, secure and regulated custodian is essential. NBX operates in all countries not on a sanction list.
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 persons:
Stig Kjos-Mathisen, CEO: [email protected],+47 932 87 572
Nicolai Lunde CFO. [email protected].
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