Continued growth and strategic expansion in a weaker market
K33 delivered 740M SEK in revenue in Q1 2026, up 64% year-over-year and 73% quarter-over-quarter, despite overall spot market volumes declining approximately 15% during the quarter. Trading activity in K33 Markets remained solid throughout the period, reflecting continued operational momentum and increased activity from larger clients and counterparties. During the quarter, K33 launched crypto-backed lending, completed a major platform upgrade with full bank integration, and expanded its Bitcoin exposure through the acquisition of a 46% stake in Sixty Six Capital.
The full report for Q1 2026 is available on k33.com/ir/reports.
Highlights
First quarter of 2026
-compared to the first quarter of 2025-
Torbjørn Bull Jenssen, CEO of K33, comments:
“Q1 showed continued progress for K33 in a weaker market. Revenue grew, trading activity remained solid, crypto-backed lending was launched, and a major platform upgrade went live with full bank integration. K33 is now ready for MiCA approval, which we expect by the end of Q2, and our acquired position in Sixty Six Capital strengthens our long-term Bitcoin strategy. The foundation is in place. The next phase is scaling the business.”
Webcast presentation
The company will hold a webcast presentation today at 08:00 CET, during which CEO Torbjørn Bull Jenssen will present the report. Investors, analysts, and media are invited to follow the webcast.
Webcast link: https://qcnl.tv/p/yeDAWbPa8ASiyJiP0178sg
No pre-registration is needed for the webcast. The presentation will be held in English.