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Kvarn Capital launches Kvarn X Embedded, a new Crypto-as-a-Service business for European financial platforms

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Kvarn Capital launches Kvarn X Embedded, a new Crypto-as-a-Service business for European financial platforms

Kvarn Capital Ltd (“Kvarn Capital”) launches Kvarn X Embedded, which lets banks, brokers, fintechs and other digital platforms across the European Economic Area bring crypto-asset trading, custody and transfers to their customers through a single API. The regulated crypto-asset services are provided by Kvarn Capital under its own CASP authorisation.

The launch marks the expansion of Kvarn Capital’s B2B business from operating its own Kvarn X app to making its technology, trading infrastructure and regulated crypto-asset services available to third-party platforms through API integrations.
Kvarn Capital is a crypto-asset service provider authorised under the EU Markets in Crypto-Assets Regulation (MiCA) and Payment Institution under the PSD2 and supervised by the Finnish Financial Supervisory Authority. Its CASP and Payment Institution authorisations are both passported across the European Economic Area.

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Kvarn Capital has built the technology and operating infrastructure supporting the Kvarn X application, including institutional-grade liquidity connectivity, order execution, custody, transfers and the regulatory processes required to provide crypto-asset services.
With Kvarn X Embedded, this infrastructure is now being made available to third parties as a dedicated B2B offering.
Through a single integration, partners can incorporate crypto functionality into an existing banking, brokerage, investment, wallet or fintech application without having to independently build the underlying trading, custody and crypto infrastructure.

The embedded model does not change who provides the regulated crypto-asset services. Kvarn Capital remains the regulated service provider and retains responsibility for and control over the regulated crypto-asset service layer and the associated customer relationship.


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