Norwegian investment platform StackXMe partners with Norwegian crypto trading platform TÝR Markets to offer direct crypto trading to StackXMe's clients through StackXMe's investment app.
According to the parties, this marks a new step for retail investors in Norway, who now for the first time have the opportunity to trade cryptocurrency with zero spreads and the lowest costs in the market.
PHOTO: Madeleine Bjørnetad Røed (left), StackXME and Filip Berg-Nielsen, TÝR Markets
It was in February this year that StackX, as the first investment app in Norway, entered into a Memorandum of Understanding with K33. But now StackX chooses to replace K33 with TÝR Markets. The reason for this is, according to StackXMe's CEO Madeleine Bjørnestad Røed at StackX, that K33 could neither offer competitive prices nor facilitate a solution where K33 handled customers and funds via StackXMe's investment app.
“We want StackXMe to be an order intermediary, in the same way that we are on mutual funds and as we plan to be on stocks. We now achieve this through our cooperation with TÝR Markets,” says Bjørnestad Røed
The agreement implies that StackX will use TÝR Markets as a technical and liquidity connection to international crypto markets. StackXMe's customers thus get access to trading in bitcoin and other selected cryptocurrencies without having to build their own infrastructure.
Bjørnestad Røed says the collaboration makes StackXMe's platform more complete: “Eventually, users will get both funds, stocks and crypto in one solution, and that's something many have been asking for.” TÝR Markets founder Filip Berg-Nielsen adds that the goal is to make trading easier, more affordable and more transparent for Norwegian investors.
“Through TÝR Markets' platform, the aim is to provide Norwegian users with the same trading conditions as professional players internationally, with immediate order execution, global liquidity and zero spreads on orders up to NOK 100,000. On orders above this level, we have the lowest spread on the market. There are no hidden fees or costs and all at the lowest rate in the Norwegian market of 0.35%,” says Filip Berg-Nielsen, founder and CEO of Volven, which is the main shareholder of TÝR Markets and provides the technical solution behind TÝR Markets.
According to Berg-Nielsen, pricing occurs automatically against over 80-85% of the market liquidity that TÝR Markets has access to, while the company assumes the risk on its own balance sheet. This solution gives StackXM customers direct access to global midterms without costly intermediaries.
Berg-Nielsen has decades behind him as a professional trader and marketmaker, and has also developed Volven as a SaaS solution for crypto trading for professional users, such as mutual funds, marketmakers, OTC counters, treasury companies etc.
TÝR Markets applied for a MiCA concession in July as one of the first players in Norway. The concession will give the right to provide crypto asset services in Norway and the EEA under the new EU regulatory framework. The company expects to receive the MICA concession from the Financial Supervisory Authority by the end of the year, but clarifies that the TÝR Markets platform is already operational in the market, on the basis of an existing permit as a currency exchange enterprise from the Financial Supervisory Authority.
In parallel, StackXMe is in the process of notifying the Financial Supervisory Authority, with a notification that will extend the company's existing concession to handle order receipts on crypto in addition to mutual funds and stocks.
The collaboration is now entering the final testing phase. The parties plan to launch the crypto offering for the StackXMe customers during the first quarter of 2026. Further expansion to other Nordic countries is already on the road map.
The launch will make StackXMe the first Norwegian investment app to combine fund shares and crypto trading direct crypto in one solution, and also means that TÝR Markets emerges as an even clearer challenger among the Norwegian crypto providers.
