NBX more than doubled its half-year loss as the MiCA licence arrived
Original title (Norwegian): NBX mer enn doblet tapet i halvåret da MiCA-lisensen kom
Norway · 
Kaupr ·
NBX received its MiCA licence at the end of June, but operating revenue fell 45 percent to NOK 6.1 million in the first half and the after-tax loss grew to NOK 16.6 million, from NOK 7.7 million a year earlier. Most of the deterioration came from a lower value on the company's bitcoin. Platform and exchange revenue, including trading, fees and staking, fell about 52 percent, while OTC and custody revenue nearly tripled to NOK 2.3 million. Chief executive Stig Aleksander Kjos-Mathisen told shareholders that volumes were thin, risk appetite low and capital expensive.