news.bitcoin.com
Safello has been named the Preferred Partner to Fragbite Group AB (publ) for bitcoin trading and related crypto services as Fragbite establishes a corporate Bitcoin Treasury.
Under the agreement announced 17 October 2025, Fragbite — a Nasdaq First North–listed Swedish gaming and esports company — currently holds about 19.75 BTC and aims to build its treasury to 100 BTC by 31 December 2025; roughly 80 BTC of additional purchases are planned to be executed on Safello’s platform during Q4 2025.
The partnership is positioned to bolster Safello’s role as a regulated counterparty for listed companies and institutions seeking exposure to digital assets, with Safello highlighting its MiCA licence and corporate service offerings. Safello CEO Emelie Moritz and Fragbite Group CEO Stefan Tengvall both commented that the collaboration aligns with Fragbite’s strategic direction and reflects Safello’s standing on the Swedish market.
FAQ 🧭
- What is the partnership about? — Safello will act as Fragbite Group’s preferred partner for Bitcoin trading and crypto services for its corporate Bitcoin Treasury.
- How many bitcoins does Fragbite aim to hold? — Fragbite targets 100 BTC by 31 December 2025, currently holding about 19.75 BTC.
- When will the remaining purchases occur? — Approximately 80 BTC are planned to be bought via Safello during Q4 2025.
- Why was Safello chosen? — Safello is a regulated MiCA‑licensed exchange positioned as a trusted counterparty for Swedish corporates.