Safello has been selected as the go-to partner for Fragbite Group AB (publ) in managing Bitcoin transactions and associated cryptocurrency services, as Fragbite initiates a corporate Bitcoin Treasury.
As per the agreement revealed on 17 October 2025, Fragbite — a Swedish gaming and esports firm listed on Nasdaq First North — currently possesses around 19.75 BTC. The company plans to expand its treasury to reach 100 BTC by the end of December 2025; this includes purchasing approximately an additional 80 BTC through Safello’s platform during the fourth quarter of that year.
This collaboration is set to enhance Safello’s position as a regulated entity for companies and institutions interested in digital assets. Emphasizing its MiCA license and corporate service capabilities, both Safello CEO Emelie Moritz and Fragbite Group CEO Stefan Tengvall noted that this partnership aligns with Fragbite’s strategic goals while reinforcing Safello’s reputation within Sweden.
FAQ 📍
What does this partnership entail? — Safello will serve as the preferred partner for Bitcoin trading and crypto services for Fragbite Group’s corporate Bitcoin Treasury.
How many Bitcoins does Fragbite intend to accumulate? — By December 31, 2025, Fragbite aims to hold a total of 100 BTC, having about 19.75 BTC at present.
When are the remaining purchases scheduled? — Around an additional purchase of approximately 80 BTC is expected via Safello during Q4 of 2025.
Why was Safello chosen? — As a regulated exchange with MiCA licensing, Safello stands out as a reliable counterparty for Swedish corporations.