Stockholm and Helsinki, June 2024 โ Virtune AB (Publ) (โVirtuneโ) and Kvarn Capital Oy (โKvarn Capitalโ), two leading financial institutions in the crypto market, have announced a strategic partnership. The collaboration aims to accelerate the adoption of cryptocurrencies in the Nordic countries and Europe.
Key points:
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Mutual strengths: Virtune and Kvarn Capital will leverage each other's experience and resources to drive cryptocurrency adoption. By combining forces, they aim to create a stronger presence in the European crypto landscape.
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Nordic Crypto Alliance: The partnership establishes a Nordic Crypto Alliance, a strategic initiative focused on promoting cryptocurrency awareness, education and accessibility across Europe.
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Normative compliance: Virtune and Kvarn Capital are two regulated financial companies within the crypto market regulated by the Swedish FSA and the Finnish FSA.
Christopher Kock, CEO and co-founder of Virtune: โWe are delighted to join forces with Kvarn Capital. Our shared vision is to make crypto assets accessible to a broader audience. โTogether, we can drive innovation, improve investor confidence, and encourage responsible cryptocurrency adoption.โ
Joonas Jรคrvinen, CIO and founding partner of Kvarn Capital: โThe Nordic region has immense potential for the growth of cryptocurrencies. By collaborating with Virtune, we can create synergies that benefit both our clients and the entire crypto ecosystem.โ
The purpose of this collaboration is to strengthen the Nordic region's role in cryptocurrency adoption across Europe through the partnership of two regulated companies with aligned values. As a result of this collaboration, Virtune's publicly traded products will be available for trading to Kvarn clients on the brokerage platform, Kvarn X, pending Kvarn's regulatory approval. Similarly, Virtune will promote the Kvarn X platform to those interested in trading and staking cryptocurrencies directly.
The parties will employ unified marketing strategies to promote their collaboration and unique offers, which will be announced on their respective websites. The Virtune-Kvarn Capital partnership signals a new era for cryptocurrency enthusiasts in the Nordics and beyond. As they work together to expand cryptocurrency adoption, investors can expect interesting developments and greater opportunities in the digital asset space.
About virtue: Virtune is a Swedish regulated digital asset manager registered with the Swedish Financial Supervisory Authority (FSA) and an issuer of crypto exchange-traded products (ETPs) listed on regulated markets, with Nasdaq Stockholm as its primary market. Founded in 2022, Virtune listed its first ETP in May 2023. Since then, the company has raised $80 million in assets under management, listed a total of ten products, and earned the trust of over 26,000 investors in the Nordics. .
About Kvarn Capital: Kvarn Group is a professional and regulated partner for investments and asset management in the digital asset space. Kvarn X, a trading platform provided by Kvarn Capital, offers the largest selection of cryptocurrencies in the Nordic countries. Professional liquidity, seamless order execution, and institutional custody infrastructure provide professional access to cryptocurrency trading and staking for individuals and institutions. Kvarn Capital Oy (Kvarn In addition to Kvarn The funds are managed by Kvarn Asset Management, a registered alternative investment fund manager (AIFM), under the supervision of the Financial Supervisory Authority (FIN-FSA).
Press contact Virtune AB (Publ)
Christopher Kock, CEO of Virtune AB (publ)
Cristobal@virtune.com
+46 70 073 45 64
Kvarn Capital Oy
Joonas Jรคrvinen, CIO of Kvarn Capital Oy
joonas.jarvinen@kvarncapital.com
+358 40 836 0378
Stockholm-based Virtune is a fully regulated Swedish digital asset manager and issuer of crypto products traded on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our competent team, we empower global investors to access innovative and sophisticated investment products that are aligned with the changing landscape of the global crypto market. virtue - https://www.virtune.com/
Kvarn Group is a professional partner for digital asset investments and offers the broadest service coverage in the EU, including trading, custody, staking and asset management in the digital asset space. We serve the needs of investors ranging from institutions to individual investors. Kvarn Kvarn X offers the largest selection of tradable cryptocurrencies with the most competitive rates in the Nordic countries.
Mill X- https://www.kvarnx.com/en Kvarn Asset Management (AIFM) is one of the few asset managers in the EU that has alternative investment funds (AIFs) focused on digital assets. Check out our Liquid Token Fund open for subscription โ comprehensive crypto market allocation with a single investment here: https://www.kvarncapital.com/es/rahasto
