Overview
- Existing backers including Spinnin’ Records founder Eelko van Kooten and DEGIRO co-founder Mark Fransen participated in the round.
- Finst says the proceeds will expand staking with higher-yield options, add more listed assets and platform features, and build products for retail, professional and institutional clients.
- The Amsterdam-based exchange reports nearing 100,000 verified users, handling several billion euros in annual trading volume, and remaining operationally profitable with roughly 14x revenue growth over three years.
- Licensed by the Dutch AFM under the EU’s MiCAR framework, Finst positions its authorization to scale services across European markets following its 2024 acquisition of Anycoin Direct.
- The company highlights segregated client assets, euro balances held at banks such as bunq and ING, Fireblocks-based custody, and an independently audited Proof of Reserves for transparency.