Safello, the leading cryptocurrency exchange in the Nordics, has announced its partnership with Fragbite Group AB (publ), a prominent gaming and esports company listed on Nasdaq First North in Sweden. This collaboration will see Safello become Fragbite Group’s Preferred Partner for Bitcoin trading and related crypto services, as Fragbite Group establishes its Bitcoin Treasury.
As part of the partnership, Fragbite Group has set a financial goal of owning 100 BTC by the end of 2025, with Safello being the preferred platform for purchasing the remaining 80 bitcoin during the fourth quarter of 2025. This move solidifies Safello’s position as a regulated and trusted counterparty for listed companies and institutions seeking secure and transparent exposure to digital assets.
“We are honored to be chosen as Fragbite Group’s Preferred Partner for Bitcoin trading and grateful for their trust,” says Emelie Moritz, CEO of Safello. “As Sweden’s only crypto company holding a MiCA license, we look forward to welcoming more corporate and institutional clients.”
Stefan Tengvall, CEO of Fragbite Group, also expressed his excitement about the partnership, stating, “Safello is uniquely positioned in the Swedish financial market as the most established and innovative crypto exchange. We are proud to have initiated this collaboration with Safello, which reflects Fragbite Group’s strategy going forward, both within Bitcoin Treasury and in the group as a whole.”
Safello, founded in 2013, currently has over 410,000 users and aims to make crypto accessible to everyone. With a secure and seamless solution for buying, selling, storing, depositing, and withdrawing cryptocurrencies directly from the blockchain, Safello has been authorized as a crypto-asset service provider under MiCA. The parent company, Safello Group AB, has been listed on Nasdaq First North Growth Market since 2021.
For more information about this partnership, please contact David Leeb, Chief Marketing Officer, at press@safello.com.
Amudova AB is Safello’s certified adviser.
About Safello
Safello is the leading cryptocurrency exchange in the Nordics, with a mission to make crypto accessible to everyone. Founded in 2013, Safello offers a secure and seamless solution for buying, selling, storing, depositing, and withdrawing cryptocurrencies directly from the blockchain. The company is authorized as a crypto-asset service provider under MiCA and operates in Sweden. Safello Group AB, the parent company, has been listed on Nasdaq First North Growth Market since 2021. For more information, please visit www.safello.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.