The company said revenue rose 64% from a year earlier and 73% from the prior quarter, supported by steady K33 Markets activity, crypto-backed lending and a broader platform buildout.
K33 said it generated SEK 740 million in revenue in the first quarter of 2026, even as overall spot market trading volume fell 15%. The company reported revenue growth of 64% year over year and 73% quarter over quarter, indicating that its business outperformed broader market trading conditions during the period. K33 attributed the result to solid activity at K33 Markets, while also expanding its product and infrastructure footprint through the launch of crypto-backed lending (borrowing against digital assets), completion of a platform upgrade with bank integration, and the acquisition of a 46% stake in Sixty Six Capital. Together, these steps point to a strategy centered on diversifying revenue, improving client access to fiat banking rails, and broadening exposure to digital asset services beyond spot trading.