Penning acquires Veli's wealth-management business to launch Penning Wealth.

In case you missed Veli CEO & Co-Founder, Stevan Radonjanin's, on-stage announcement at last week's Nordic Blockchain Conference 2026:

Penning acquires Veli's wealth-management business to launch Penning Wealth.

Penning - one of Denmark's first MiCA-licensed CASPs and a member of Nordic Blockchain Association - has today officially announced the acquisition of Veli's wealth-management business. The new offering will be launched as Penning Wealth and operate as the wealth-management arm of Penning, under their MiCA authorisation and passported across the EU and EEA.

A big congratulations to both the Penning and Veli teams on this milestone!

This is the value of the Nordic blockchain ecosystem in action - where conversations become connections, connections become partnerships, and partnerships create real business outcomes.

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