The Norwegian crypto company K33 is now rolling out its platform in Europe after passporting its MiCA license to Sweden, Denmark, Finland, and Germany. The news is that Germany, one of Europe's largest crypto and financial markets, is part of the plans.
In a video interview with Kaupr after K33 secured its MiCA license, Bull Jenssen shared that K33 is targeting large clients across the Nordics, unbound by national borders. The push into Germany—one of Europe's largest and most mature crypto and financial markets—is therefore a perfectly logical move. However, Germany is also the country in Europe with the highest number of national MiCA licenses, counting a total of 57 at the beginning of July. In addition, even more crypto exchanges and brokers that have secured their MiCA license in another EU/EEA country are expected to passport their licenses into Germany.
You can watch the full video interview with Bull Jenssen below.
"From the outset, our ambition has been to build a European platform, not simply a Norwegian one. Today marks the first step in executing that strategy. We are starting in neighboring markets where we already see strong commercial opportunities, but our ambition extends across Europe," says Torbjørn Bull Jenssen, CEO of K33.
Sweden, Denmark, Finland, and Germany represent the first phase of K33’s European expansion. While these markets are a natural starting point, the Company’s long-term goal is to build a leading pan-European platform for regulated digital asset services and expand across the European Economic Area (EEA) over time.
Beyond serving private investors, corporates, wealth managers, and institutional clients directly, K33 also sees significant opportunities to partner with exchanges, brokers, OTC desks, and other crypto-asset businesses seeking a regulated European operating platform.
"MiCA is creating a single European market for crypto-asset services. We believe this will accelerate demand for regulated infrastructure and trusted partners. K33 is well positioned to support both clients and businesses looking to establish or expand their presence in Europe," Jenssen adds.
K33’s platform has been built over several years with a regulated European market in mind. It is specifically designed to serve larger private investors, corporates, wealth managers, and institutional clients across the European Economic Area (EEA). With the new MiCA framework now in place, the Company is initiating the commercial rollout of its Europe-ready platform beyond Norway's borders.
K33 Markets AS, a subsidiary of K33, recently completed the MiCA passporting process into the four countries following its initial authorization from the Financial Supervisory Authority of Norway (Finanstilsynet). As the Company continues to develop its platform and product offering, it intends to broaden the scope of its MiCA authorization over time by adding additional regulated crypto-asset services.
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