NBX to independently pursue banking license, ends Globitex discussions

Norwegian Block Exchange AS (NBX) announced on December 8, 2025, a strategic decision to independently pursue its banking license ambitions. This follows a thorough evaluation of partnership opportunities with Globitex Holding. NBX's board of directors concluded that an independent approach, or alternative partnerships, offers the optimal path for creating shareholder value.

Nils Sundling, chairperson of NBX, stated the decision reflects confidence in NBX's capabilities and market position to achieve its digital asset banking vision. The original discussions explored establishing a combined entity for the banking license application and operation as a digital asset bank.

Through this evaluation, the board identified opportunities for NBX to accelerate strategic objectives while maintaining greater operational flexibility. As a result, Stig Kjos-Mathisen will exit the board of Globitex Holding. NBX intends to continue exploring commercial partnerships with Globitex that could benefit both organizations independently.