Are Nordic banks, with DNB in the lead, now ready to give their clients exposure to crypto? We take a look at DNB's crypto journey, revisiting the reference article “DNB gets ready for the meeting of crypto and classic finance”.
This article was published well over a year ago, after we had gained exclusive access to Ole Morten Sunde and Nikolai Nyrud Gobel, who together are working to get DNB ready for the meeting between crypto and classical finance. The article immediately received several thousand views, both internally within DNB and across the Norwegian banking system.
In recent days, it has become clear that traditional banks, also here on the mountain, believe that the time has come to offer their clients an exposure to crypto as an asset class.
In recent days, it has become clear that traditional banks, also here on the mountain, believe that the time has come to offer their clients an exposure to crypto as an asset class. Earlier in the week, challenger bank Lunar Bank told that crypto trading now available in Lunar's banking appAlso for Norwegian customers. On Friday evening, E24 could tell that DNB Asset Management considering launching a broad crypto fund to their customers. In parallel, we at Kaupr have also been able to tell that Swedish company Virtune's listed crypto products, so-called ETPs, can traded by DNB's online customers.
We at Kaupr have been continuously monitoring what we have referred to as the meeting between crypto and classical finance, or TradFi. When the Bitcoin-based ETFs were approved last year, we prepared, for example, a great and thorough ETF guide. Our editor Morten Myrstad has blogged about the topic under the title “Crypto Meets Fintech Meets Traditional Banking and Finance”, he has given lectures in Trondheim in Oslo and has also been a guest in other people's podcasts such as at Ken-Erik Ølmheim in Krypto Labs and Scrooge Hove in The reflection room.
DNB, together with Sparebank 1, are the Norwegian banks that have seriously explored the opportunities and challenges within the crypto space. Both have, for example, also actively participated in Norges Bank's project for a possible launch of Digitale Sentralbank, both through hackatons, sandboxes and testing. Sparebank 1 has also specifically explored areas of application such as NFTs and the metaverse. DNB, for its part, has gradually matured its thoughts and shared them with various environments within asset management and Web3. This is therefore the question we can ask: Are Nordic banks, with DNB in the lead, now ready to launch crypto products and give their clients exposure to crypto?
If you really want to familiarize yourself with the topics that Norwegian and international banks are currently discussing, then We recommend the interview as Kaupr had with DNB's crypto peaks well over a year ago. The interview with Ole Morten Sunde and Nikolaig Nyrud Gobel developed into a broad and deep conversation about the opportunities and challenges of the encounter between crypto and classical finance. We therefore chose to reproduce most of the conversation in one coherent article. We stress that at this time DNB was still at an exploration stage and had not decided which crypto-related areas and products the bank should possibly focus on. But the insights, reflections and reasoning that Sunde and Gobel shared with us and Kaupr's readers also say a lot about what themes and issues will face everyone working at the intersection of traditional and digital finance in the coming years.
And not only that. Before we all embark on a new week, we are going to publish an exciting video interview on the status of the relationship between crypto and traditional finance in Norway and internationally. Stay tuned to our web pages, on our YouTube Channel and our newsletter Equity to get quick access.
Are Nordic banks, with DNB in the lead, now ready to give their clients exposure to crypto? We take a look at DNB's crypto journey, revisiting the reference article “DNB gets ready for the meeting of crypto and classic finance”.
This article was published well over a year ago, after we had gained exclusive access to Ole Morten Sunde and Nikolai Nyrud Gobel, who together are working to get DNB ready for the meeting between crypto and classical finance. The article immediately received several thousand views, both internally within DNB and across the Norwegian banking system.
In recent days, it has become clear that traditional banks, also here on the mountain, believe that the time has come to offer their clients an exposure to crypto as an asset class.
In recent days, it has become clear that traditional banks, also here on the mountain, believe that the time has come to offer their clients an exposure to crypto as an asset class. Earlier in the week, challenger bank Lunar Bank told that crypto trading now available in Lunar's banking appAlso for Norwegian customers. On Friday evening, E24 could tell that DNB Asset Management considering launching a broad crypto fund to their customers. In parallel, we at Kaupr have also been able to tell that Swedish company Virtune's listed crypto products, so-called ETPs, can traded by DNB's online customers.
We at Kaupr have been continuously monitoring what we have referred to as the meeting between crypto and classical finance, or TradFi. When the Bitcoin-based ETFs were approved last year, we prepared, for example, a great and thorough ETF guide. Our editor Morten Myrstad has blogged about the topic under the title “Crypto Meets Fintech Meets Traditional Banking and Finance”, he has given lectures in Trondheim in Oslo and has also been a guest in other people's podcasts such as at Ken-Erik Ølmheim in Krypto Labs and Scrooge Hove in The reflection room.
DNB, together with Sparebank 1, are the Norwegian banks that have seriously explored the opportunities and challenges within the crypto space. Both have, for example, also actively participated in Norges Bank's project for a possible launch of Digitale Sentralbank, both through hackatons, sandboxes and testing. Sparebank 1 has also specifically explored areas of application such as NFTs and the metaverse. DNB, for its part, has gradually matured its thoughts and shared them with various environments within asset management and Web3. This is therefore the question we can ask: Are Nordic banks, with DNB in the lead, now ready to launch crypto products and give their clients exposure to crypto?
If you really want to familiarize yourself with the topics that Norwegian and international banks are currently discussing, then We recommend the interview as Kaupr had with DNB's crypto peaks well over a year ago. The interview with Ole Morten Sunde and Nikolaig Nyrud Gobel developed into a broad and deep conversation about the opportunities and challenges of the encounter between crypto and classical finance. We therefore chose to reproduce most of the conversation in one coherent article. We stress that at this time DNB was still at an exploration stage and had not decided which crypto-related areas and products the bank should possibly focus on. But the insights, reflections and reasoning that Sunde and Gobel shared with us and Kaupr's readers also say a lot about what themes and issues will face everyone working at the intersection of traditional and digital finance in the coming years.
And not only that. Before we all embark on a new week, we are going to publish an exciting video interview on the status of the relationship between crypto and traditional finance in Norway and internationally. Stay tuned to our web pages, on our YouTube Channel and our newsletter Equity to get quick access.
