
Huddlestock Fintech and Norwegian Block Exchange enters into a strategic partnership
Huddlestock Fintech AS (OSE: HUDL), today announced the signing of a strategic partnership agreement with Norwegian Block Exchange (NBX). The objective is for both parties to offer each others services and a strong combined value proposition including trading of traditional securities and digital assets through one common platform. The partnership will bring together two innovative companies that share a common vision for the future of finance.
NBX was established in 2018 and provides an innovative and secure digital asset exchange platform. The management team is highly experienced and has a long track-record from the Nordic Securities Sector. NBX was an early mover in the market and is now well positioned to take the next commercial steps into a quickly maturing market.
“NBX is excited to embark on this journey together with Huddlestock, and we look forward to delivering an exceptional experience to investors who will join us on this journey towards the future of finance, and in particular on-chain finance”, says Stig Kjos-Mathisen, CEO of NBX.
Huddlestock was established in 2014, is present in 5 European countries, and is today a leading provider of Investment-as-a-Service solutions within the B2B-segment. Huddlestock provide technology, expertise and support that financial institutions, start-ups, news and finance portal platforms and neobanks/brokers need to launch or transform an investment offering in an efficient manner.
“This strategic partnership provides a great potential for investors to take advantage of an array of new investment opportunities, making it easier to manage and grow their portfolios. The combination of Huddlestock's unique platform and NBX's innovative and secure digital asset exchange platform creates an unparalleled investment and trading experience that simply cannot be matched”, says John E. Skajem, CEO, Huddlestock Fintech
Through the partnership, Huddlestock's platform will offer investors access to a range of markets, from traditional stocks to tokenized assets, while NBX's secure digital asset exchange platform provides a safe and efficient way to trade digital assets. This collaboration represents a new chapter for the both companies, but more important, for their customers who now will be offered a new toolkit of opportunities to support their business. The combined value proposition will also make it possible for providers of tokenized currencies to provide traditional investment to their end-clients.
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
To see all press and investor releases please have a look in the investor relations section of our corporate website www.huddlestock.com/investor-relations
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
John E. Skajem
Chief Executive Officer
Huddlestock Fintech
Tel:
Leif Arnold Thomas
Chief Corporate Development
Huddlestock Fintech - Corporate Development
Tel:
About Huddlestock Fintech AS
Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business. We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries.
Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock’s SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock’s mission of delivering financial inclusion by democratizing access to capital markets.
Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26th November 2020, as Norway’s first fintech company to be publicly traded.
For more information, please visit www.huddlestock.com
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