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Norwegian Block Exchange Adds Bitcoin to Balance Sheet, Aims to Become Digital Asset Bank

  • Norwegian Block Exchange (NBX) secures 6.0 BTC initial allocation to integrate Bitcoin into operations and expand financial services.
  • NBX aims to become a digital asset bank by increasing Bitcoin holdings to 10 BTC by June, positioning as proof-of-concept for treasury integration.
  • NBX plans to offer yield-generating products, Bitcoin-backed financial services, and issued USDM stablecoin on Cardano blockchain.
  • NBX holds Bitcoin as long-term reserve, targets institutions, hedge funds, family offices for Bitcoin exposure through regulated, publicly listed Nordic companies.

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