GreenMerc AB (publ): GreenMerc's subsidiary Northcrypto is approved for additional services under MiCA
Stockholm, 26 05 26 | Northcrypto Oy ("Northcrypto"), a wholly-owned subsidiary of GreenMerc AB (publ) ("GreenMerc"), has received formal approval from the Finnish Financial Supervisory Authority ("FIN-FSA") to extend its authorisation to conduct crypto-asset services under the EU Regulation on Markets in Crypto-assets ("MiCA").
MiCA is the EU's first harmonised regulatory framework for crypto-asset services and aims to strengthen consumer protection, market integrity and financial stability in a rapidly growing sector. The regulations set extensive requirements for, among other things, customer protection, risk management, safe custody of customers' crypto-assets and corporate governance.
Northcrypto received its initial MiCA authorization in November 2025 for the following crypto-asset services:
- providing custody and administration of crypto-assets on behalf of clients; and
- providing transfer services for crypto-assets on behalf of clients.
The extended authorization means that Northcrypto is now also permitted to offer the following crypto-asset services under MiCA:
- execution of orders for crypto-assets on behalf of clients; and
- reception and transmission of orders for crypto-assets on behalf of clients.
The approval further strengthens Northcrypto's regulatory position and enables the company to broaden its service offering within the EU under MiCA's harmonised licensing regime. The authorization also enables Northcrypto to leverage MiCA's passporting framework and offer its services across multiple European markets under a common regulatory approval.
"MiCA sets a new standard for the European crypto market, and through this approval, the GreenMerc Group is well positioned for continued growth. We can now offer our full crypto platform across the European market," says Ari Liukko, CEO of GreenMerc.
"The MiCA authorization process has been extensive and thorough, and we are very pleased to have successfully obtained all the services we applied for. This marks an important milestone for Northcrypto and allows us to fully focus on continued growth and the further development of our services," says Ville Runola, CEO of Northcrypto.
As part of the GreenMerc Group's long-term regulatory strategy, the Swedish subsidiary Ijort Invest AB also applied for a MiCA license in Sweden during the previous year. The application is currently being processed by the Swedish Financial Supervisory Authority. Both Northcrypto and Ijort Invest utilize the Group's shared crypto platform, creating a scalable operational structure and providing strategic flexibility for the Group's continued European expansion.
The full decision will be published on the FIN-FSA website:
https://www.finanssivalvonta.fi/en/
This information is such that GreenMerc AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (MAR). The information was submitted for publication, through the agency of the contact person set out below, on 26 May 2026 at 12:00 CEST.