Slide 1: Licensed. Ready to expand
Q2 2026 Licensed. Ready to expand MiCA authorization marks key milestone as K33 advances European strategy
Slide 2: K33 – Built for businesses and investors
K33 – Built for businesses and investors • Professional execution Tight spreads, no trading fees and institutional-grade liquidity • Fiat flexibility Direct bank transfers and native support for 8 fiat currencies • Custody and lending Secure custody and crypto-backed loans for eligible clients • Res
Slide 3: Q2: Mica license and preparing for European expansion
Q2: Mica license and preparing for European expansion • H1 revenue increased 10% to 932.8 MSEK • Q2 revenue was 192.9 MSEK amid materially lower market activity • MiCA authorization secured on 16 June 2026 • Passporting initiated in Sweden, Denmark, Finland and Germany • Sixty Six relationship deepe
Slide 4: Market activity contracted sharply in Q2
Market activity contracted sharply in Q2 • BTC closed Q2 at USD 58,524, down 14.2% • Global BTC spot volumes fell 28% in Q2 • Low volatility and subdued activity continued into Q3 • Lower volumes reduced activity on K33’s platform K33 Company Presentation K33.com 04
Slide 5: H1 growth despite a softer Q2
H1 growth despite a softer Q2 •H1 revenue was 932.8 MSEK, up 10% •Q2 revenue was 192.9 MSEK •Q2 adjusted EBITDA was -4.6 MSEK •Around 14 MSEK of the Q2 loss related to unrealized BTC valuation eects K33 Company Presentation K33.com 05
Slide 6: K33 Markets remained above SEK 2bn
K33 Markets remained above SEK 2bn •12-month rolling trading volume stayed above SEK 2bn •Activity moderated with lower BTC volumes and investor interest •Commercial focus remains on larger private clients, corporates and institutions Including trading volume from related parties and group companies
Slide 7: MiCA enables European expansion
MiCA enables European expansion Licensed on 16 June. Passporting underway. • MiCA authorization received from the Norwegian FSA on 16 June 2026 • After quarter-end, K33 passported into Sweden, Denmark, Finland and Germany • Expands the addressable market without changing K33’s client focus • The fou
Slide 8: BTC exposure increased and Sixty Six relationship deepened
BTC exposure increased and Sixty Six relationship deepened • K33’s eective Bitcoin exposure was approximately 167.5 BTC at quarter-end • Sixty Six engaged K33 for management services, sold its Bitcoin ETF exposure and is moving its Bitcoin holdings on-chain through K33. • Post-quarter, a K33-facili
Slide 9: Licensed to scale.
Licensed to scale. The focus now is turning our regulated platform into accelerated commercial growth. •Expanding distribution through European partnerships •Developing new features and services for our core client segments •Building for a digital asset market we believe is still in its early stages
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