NBX
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NBX - overview
Established
2018
Location
Oslo, -, Norway
Primary Industry
Software
About
Norwegian Block Exchange AS, trading name under NBX is a cryptocurrency exchange that facilitates the trading of digital assets, primarily Bitcoin, through an accessible platform designed for individual investors and businesses. Founded in 2018 and headquartered in Oslo, Norway, Norwegian Block Exchange AS specializes in cryptocurrency exchange operations. The company has engaged in one notable funding round, successfully raising NOK 60 million in January 2021. In July 2025, NBX raised USD 535,000 in venture funding from unspecified investors.
Andrea Nebux serves as the CEO, leading the firm in its endeavors within the cryptocurrency market. NBX offers a comprehensive platform for trading digital assets, focusing on Bitcoin and other cryptocurrencies. Its services include a user-friendly trading interface and a crypto credit card that provides cashback in Bitcoin. NBX ensures secure transactions via various payment methods, including bank transfers and credit cards, with a competitive trading fee of 0.
7%. The exchange primarily serves the European market, targeting users in Norway, Sweden, Denmark, and Finland, encompassing both individual investors and businesses. In the most recent year, NBX reported a revenue of NOK 235,631. 50 and an EBITDA of NOK -2,364,732.
70. The company generates revenue largely through transaction fees from trading activities on its platform, particularly the 0. 7% fee applied to trades, alongside additional income from the use of its crypto credit card. Norwegian Block Exchange AS plans to utilize the NOK 60 million raised in January 2021 to support the development of new products and expand its market presence.
The company is exploring opportunities to launch additional features on its platform and aims to enter new geographic markets beyond its current European base, with specific plans to target additional regions by 2023. The company will use the funding to acquire Bitcoin as part of its strategy to expand its digital asset holdings.
Primary Industry
Software
Sub Industries
e-Financial, Application Integration Software, Accounting/Finance Software
Website
www.nbx.com
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
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