Northcrypto review: Exchange joins GreenMerc, expands European service under unified ownership

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Alena Volkova

04.11.2025

Northcrypto review: Exchange joins GreenMerc, expands European service under unified ownership — Northcrypto acquisition expands product offering and regulation

Finland‑based crypto exchange Northcrypto announced on November 15, 2024, that it became a fully owned unit of Swedish fintech group GreenMerc AB (publ). The acquisition was financed through the allocation of 3,097,345 GreenMerc shares and later supplemented by an additional 1.18 million shares to fulfill the earn‑out clause in May 2025. The deal, initially valued at €2.41 million, rapidly escalated Northcrypto’s affiliate status and positioned GreenMerc to roughly double its turnover, with the Finnish operation contributing SEK 276 million in first‑half 2025 revenues versus GreenMerc’s SEK 218 million in the same period.

Product offering, regulation and trader benefits

Northcrypto continues operations under its Finnish license while also applying for a Crypto‑Asset Service Provider authorization under the EU’s MiCAR regime. The platform supports trading across more than 260 cryptocurrencies and retains full segregated cold‑storage of customer funds. Standard fees start at 1.0% and may be reduced to 0.6% for high‑volume users. Key benefits for traders include:

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- Access to 260+ digital asset instruments.

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- Regular savings framework via bank deposit integration.

- Referral program credits 50% of referred user’s fees for six months.

Strategic context and trader considerations

With integration into GreenMerc’s European infrastructure, Northcrypto aims to expand cross‑border reach and leverage enhanced compliance capabilities. For traders, the enlargement of the platform and regulatory ambitions offer improved service depth and potential institutional-grade stability. However, users should recognize that despite Finnish licensing and MiCAR application, complete authorization is still pending in many jurisdictions—making jurisdictional risk assessment important during account onboarding.

For users focused on managing digital assets across mobile platforms, Northcrypto’s compatibility with third-party wallets and secure interfaces provides additional convenience. Those interested in enhancing privacy or changing wallet providers can explore options like Telegram Wallet. For guidance on managing those settings, including secure deletion, visit this step-by-step guide on how to delete Telegram Wallet.

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