NBX and Fizen Announce Strategic Partnership to Launch PLN Stablecoin

10 Nov 2025 15:17 CET

Oslo, Norway – 10.11.2025 – Norwegian Block Exchange AS (NBX), a leading Nordic
crypto service provider & first Norwegian listed active Bitcoin treasury
company, and Fizen Sp. z o.o., a registered account information service
provider, today announced a strategic partnership to introduce a PLN-denominated
electronic money token (stablecoin). This collaboration aims to enhance the
accessibility and utility of digital money for retail and institutional partners
across the EU and in particular Poland.

Under this partnership, Fizen will act as NBX’s appointed distributor for PLN
e-money, leveraging its app, marketing functions, and partner network for user
acquisition. All e-money and payment accounts will remain legally issued and
operated under NBX’s license, with Fizen acting solely as a distributor on
behalf of NBX. The collaboration is a significant step in the evolution of
digital financial services in Poland, combining NBX's regulatory expertise and
e-money infrastructure with Fizen's market reach and innovative platform.

"This partnership marks an exciting step toward bringing regulated digital money
into everyday payment flows,” said Maciej Krasowski, CEO of Fizen.

“Together with NBX, we’re building the foundation for a PLN-denominated
stablecoin that can seamlessly interact with banks, merchants, and fintech
platforms across Europe, as part of Fizen’s broader vision of an alternative,
regulated payment network built on Open Banking and distributed-ledger
technologies. Poland, with over 19 million mobile-banking users, more than 7
million crypto users, and online-banking transaction volumes exceeding €200
billion every month has become one of Europe’s most advanced digital-finance
ecosystems."

“Entering Poland - one of Europe’s most dynamic payments markets - through our
partnership with Fizen is an exciting next step for a regulated stablecoin
issuer like NBX,” said Stig Aleksander Kjos-Mathisen, CEO of NBX. “After
bringing USDM to market with Moneta Digital LLC, we’re extending that model in
Europe: NBX issues and safeguards the e-money while Fizen distributes. This is
the result of years of focused investments on building a digital assets
platform, licensing, compliance and technical know-how. With Fizen’s reach, we
can operate PLN e-money tokens under a compliant framework from day one and
scale across the EU. Aiming for a launch in the first quarter of next year.”

About Norwegian Block Exchange AS (NBX)

Founded in 2018, Norwegian Block Exchange (NBX) is a trusted cryptocurrency
exchange serving the Nordic market. Licensed and regulated in Norway, NBX offers
secure trading of digital assets, custody solutions, and blockchain technology
services for retail and institutional clients. NBX is committed to providing a
compliant trading environment with robust security measures and transparent
operations. The company issued the first credit card in the world with BTC
cashback.

About Fizen Sp. z o.o.
Founded in 2021, Fizen Sp. z o.o. is the leading Open Banking solutions provider
in Central and Eastern Europe, currently expanding across Poland, the Czech
Republic, Slovakia, Romania, Bulgaria, Hungary, and Croatia. Fizen’s mission is
to bridge traditional financial technology with decentralized finance (DeFi)
within the European regulatory framework. The company is licensed by the Polish
Financial Supervision Authority (KNF) as an Account Information Service Provider
(AISP) under PSD2.

Fizen is part of a broader fintech and blockchain group that also includes:

● BinarApps.com – a technology consultancy and software-delivery company from
Poland specializing in fintech, blockchain, and AI solutions for global
enterprises;

● Byron Network OU – a research and development entity from Estonia focused on
blockchain protocols, decentralized identity, and digital-asset infrastructure,
primarily on the Cardano chain.

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