Norwegian Block Exchange lists on Euronext Growth Oslo
Oslo Børs, part of the Euronext Group, has welcomed Norwegian Block Exchange, a Nordic company active in the areas of digital assets and the crypto economy, on its listing on Euronext Growth Oslo (ticker: NBX).
The company started as a spin-off from Norwegian Air Shuttle (NAS) to introduce cryptocurrency payments to the air industry with the incentive to reduce costs related to payments. It was founded by Bjørn Kjos, who also founded NAS and Bank Norwegian.
Today, Norwegian Block Exchange operates a cryptocurrency exchange, custodian and payment system focused on user experience, transparency and security. The company aims to become a hub for financial services and cryptocurrency economy.
The share price was set at NOK 9 per share, based on the latest OTC trading in the company’s shares corresponding to a total estimated value of the company of approximately NOK 584 million.
With the listing of Norwegian Block Exchange, 65 companies have been listed on Oslo Børs’ markets so far this year. It is the 58th listing on Euronext Growth Oslo.