Norwegian Block Exchange Gets listed on Euronext Growth Oslo

Oslo Børs, part of the Euronext Group that is the leading pan-European market manufacture, congratulated yesterday Norwegian Block Exchange on its listing on Euronext Growth Oslo.

Norwegian Block Exchange is a leading Nordic company in the fields of digital assets and the crypto economy. Currently, it operates a cryptocurrency exchange, custodian and payment system focused on user experience, transparency and security, and positions itself a hub for financial services and cryptocurrency economy.

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 established NAS and Bank Norwegian.

According to the official press release, the share price was set at NOK 9 per share, based on the latest OTC trading in the Norwegian Block Exchange’s shares corresponding to a total estimated value of the company of approximately NOK 584 million.

With the latest listing, 65 companies have been listed on Oslo Børs’ markets so far this year. It is the 58th listing on Euronext Growth Oslo.

Previously, Fazzaco reported that Euronext has released its trading volumes for the month of November​, reporting a significant increase in FX volume from the previous month.