7.11.2023 08:30:01 CET | Huddlestock Fintech AS | Non-regulatory press releases
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 -
http://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, +47 418 87 412,
john.skajem@huddlestock.com
* Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech -
Corporate Development, +47 982 15 520, leif.thomas@huddlestock.com
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 -
http://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2726/3812/Download%20announcement
%20as%20PDF.pdf