Denmark based CASP4.8/5Bringing Institutional Trust to the Web3 World
Penning exists to bridge the gap between what crypto was and what it should be. Through innovative products and a 'client-first' philosophy, we are elevating Web3 to new heights.
Who is Penning
Penning is a premier ecosystem of Web3 financial services, bridging the gap between digital innovation and institutional stability. Our platform was born from the need for a secure, one-stop shop where users can seamlessly access crypto opportunities without compromising on safety or compliance. Headquartered in Copenhagen, Denmark, Penning is registered with the Danish FSA and operates using Danish payment rails. As a fully authorized CASP under EU's MiCA, we ensure that every transaction meets the highest European regulatory standards — making Penning the definitive name for trust in the future of finance.
Put your capital to work
Whether you're looking to on/off ramp your crypto from fiat or vice versa, or swapping between crypto-crypto, or simply want to put your capital to work, we got you covered.
Penning meaning
Literally translated to any language across the globe, Penning means money. This encapsulates Penning's vision of building a secure, compliant, and financial eco-system for all our members. We are applying the word, the name Penning as a leading platform to give the masses access to the endless possibilities in the DeFi market. In the middle ages, minting was reserved for the royals, whereas today Penning is open to all.
Fully regulated throughout the EU, and audited in Denmark, serving the European market
Penning Financial Services ApS is Denmark's first MiCA-licensed crypto platform — authorised by the Danish FSA (Finanstilsynet) as a Crypto-Asset Service Provider, FTID 10902. Verify the license in Finanstilsynet's register · Independent confirmation: kaupr.io
Company milestones
Incorporated in Copenhagen, Denmark. Penning set out to make safe high-yield opportunities more accessible to the general public.
2021
Penning A/S was born, licensed as an Alternative Investment Fund by the Danish FSA, and launched an institutional-grade hedge fund, changing the way investors view the digital assets space.
2022
While delivering high-yield returns in the hedge fund, Penning Financial Services was slowly taking shape. Penning's proprietary broker desk entered the Nordic crypto space.
2023
+490% revenue growth Q1–Q4. Established position as a key-player in the Nordic crypto scene and applied for the MiCA/CASP license.
2024
Entered the grandfathering scheme, secured the capital reserve requirement, and expanded the core team.
2025
Received the MiCA/CASP license as the first full crypto company in Denmark — with authorization for portfolio management services.
2026
Acquired Veli's wealth-management business and launched Penning Wealth — welcoming long-term crypto investors from across Europe under Penning's MiCA authorisation.
More about Penning
Ready to trade, swap or invest with confidence?
Join now and trade on a secure, EU-regulated platform built for confidence.