German financial technology company Crypto Risk Metrics has secured its first customer in Norway. Crypto broker and analytics company K33 is now adopting the company's solutions for data-driven compliance, risk analysis and sustainability in the crypto market.
Pictured: CEO Tim Zölitz in Crypto Risk Metrics (left) and CEO Torbjørn Bull Jenssen in K33.
The deal marks an important step for Crypto Risk Metrics, which is in the process of building out its presence in the Nordic region. With K33 on its customer list, the company is increasing its coverage in Europe, where the aim is to provide regulatory data and analytics to all EU countries ahead of the entry into force of the CASP licenses.
“The fact that we now have our first Norwegian customer strengthens our further commitment in Europe. It shows that our services are relevant to market players who want to stay ahead of regulatory requirements,” says Tim Zölitz, CEO of Crypto Risk Metrics.
The company provides Software as a Service (SaaS) solutions that provide access to ESG data, risk assessments and analytics, as well as MICAR compliant white papers. The services are designed to help professional players in the crypto market meet regulatory requirements and increase transparency in the sector.
For K33, the deal implies that the company strengthens its position as an advisor and broker offering reassurance and structure in a fast-growing market.
“Compliance is absolutely critical to preserving trust in the crypto industry. By adopting the services of Crypto Risk Metrics, we can meet regulatory requirements in an efficient way and at the same time concentrate on our core business,” says Torbjørn Bull Jenssen, CEO of K33.
Crypto Risk Metrics is a German financial technology company that provides data-driven solutions for compliance, risk assessments and ESG in the crypto market. The company already has customers in 15 EU countries and aims to cover the entire EU market as the MiCar and CASP licenses are phased in.
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