Kaupang Krypto was born after founder Nikolai Gobel wanted to invest in cryptocurrency in spring 2017, and found the process to be slow, complicated and unreliable. Often requiring weeks of waiting for account verification with bogus foreign companies, international wire-transfers and technical feats requiring years of studying computer science, there had to be a market for providing a better service. An exchange for cryptocurrencies where users can intuitively trade assets without a high degree of technical competence, a service which is fast, reliable and safe.
Fast-forward eight months, and Kaupang Krypto have already surpassed 20,000,000 NOK in revenue. This serves as a tremendous proof of concept, and at the same time fuels the ambition of becoming the number one provider of blockchain-based asset trading in Norway.