Safello Partners with Fuels Capital for Custody of Bitcoin-Collateralized Loans
Safello, the foremost cryptocurrency exchange in the Nordics, has entered into a partnership with Fuels Capital, a provider of asset-backed financing solutions for entrepreneurs and investors with significant value tied up in illiquid assets. The agreement will see Safello acting as custodian for the collateralized bitcoin used in loans issued by Fuels Capital.
The partnership, which took effect on Friday, December 19th, 2025, is structured as a revenue sharing model, with Safello receiving a portion of the revenue generated from the bitcoin-backed loans for which it acts as custodian. The exact financial impact for Safello is yet to be determined.
For Safello, the partnership presents an opportunity to diversify its revenue streams by utilizing its existing custody infrastructure and regulatory framework. However, the company will not be offering or distributing lending services, but instead serving as custodian for the bitcoin collateral.
CEO of Safello, Emelie Moritz, expressed excitement about the partnership, stating that it allows Safello to tap into the rapidly expanding crypto-backed lending segment in a cost-effective manner. By leveraging its existing infrastructure, the company can expand its revenue base without straying from its core operations and regulatory compliance.
The agreement will be piloted for an initial six-month period, after which both parties will review the results and make a decision on the next steps.
For further information, please contact Christian Ploog at press@safello.com.
Amudova AB is Safello’s certified adviser.
Safello is the leading cryptocurrency exchange in the Nordics, with over 418,000 users since its establishment in 2013. The company’s mission is to make crypto accessible to everyone by offering a secure and seamless platform for buying, selling, storing, depositing, and withdrawing cryptocurrencies directly from the blockchain. Safello is authorized as a crypto-asset service provider under MiCA and operates in Sweden. Its parent company, Safello Group AB, has been listed on Nasdaq First North Growth Market since 2021. For more information, please visit www.safello.com.
Fuels Capital, a brand within 0TO9 AB, offers asset-backed financing solutions to entrepreneurs and investors with significant value tied up in illiquid assets. 0TO9 AB is a Swedish credit market company authorized to conduct financing business under the Swedish Banking and Financing Business Act (2004:297). For more information, please visit fuelscapital.com.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.