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Stablecoins, Banking & Blockchain

Kvarn X

Kvarn Capital Oy, which trades as Kvarn X, is listed in ESMA’s interim MiCA register as a crypto-asset service provider (CASP) authorized in Finland by Finanssivalvonta (FIN-FSA), with an authorization date of December 2, 2025.

Legal name
Kvarn Capital Oy
Home country
Finland
Regulator
Finanssivalvonta (FIN-FSA)
Status
Authorized
Authorized on
December 2, 2025
Other EEA countries notified
29
Website
kvarnx.com
LEI
9845009F15A5B9FD7F45
Register entry last changed
May 28, 2026
Checked on

Under MiCA it may provide custody and administration of crypto-assets for clients, execution of orders for clients, reception and transmission of orders and transfer services for clients. It has notified the register that it intends to offer these services in 29 other EEA countries under the MiCA passport.

ESMA publishes the interim MiCA register weekly. This entry reflects the version updated on September 24, 2026; the firm’s own record was last changed on May 28, 2026.

MiCA services
Custody and administration of crypto-assets for clients
Execution of orders for clients
Reception and transmission of orders
Transfer services for clients
Custody
Yes
Transfer services
Yes
Countries notified for cross-border services
Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Note in the register
Passporting information updated
Sources
PageURL
ESMA interim MiCA register: crypto-asset service providers (CASPS.csv)https://www.esma.europa.eu/sites/default/files/2024-12/CASPS.csv
ESMA: Markets in Crypto-Assets Regulation (MiCA)https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
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