Arcane Crypto AB announced an operational reorganization, unifying its growing private wealth businesses under a new business unit called K33. In parallel Arcane has initiated a strategic review of its investment and venture business to exploit current market opportunities. Over the last year, Arcane Crypto AB ("Arcane") has experienced substantial interest in its private wealth business, currently offered by the various subsidiaries, known as Arcane Research, Kaupang Krypto and Arcane Assets.

To capitalize on this interest and opportunity, these units will be combined into one single business unit called K33. This provides the operational optimizations and the single-minded focus needed to capture the opportunities in K33. For Arcane as a group, unifying the private wealth initiative under K33, creates optionality to act on strategic interest.

This may include, but is not limited to, taking on strategic investors or separated listings of different parts of the portfolio. In practice, Arcane's wholly owned subsidiary Arcane Crypto AS will be renamed K33 Holding AS, trading as K33. The relevant sub-entities will be combined and renamed accordingly.

Arcane is also in the process of optimizing the operation of its investment portfolio. Initially, the portfolio will consist of K33, Arcane Green Data, Pure Markets and LN Markets. Arcane will explore both new investments and M&A, seeking to take advantage of a strong deal flow and interesting opportunities in the market as well as potential partnerships.

K33, available on k33.com, will be a research-led digital assets brokerage with investment services. Helping clients across EMEA make informed decisions backed by industry leading digital assets research as they invest for the long term is already proving a unique and winning proposition to Arcane's customers. K33 provides this through a unified platform where investors and wealth managers get access to Research, digital assets brokerages offering funds & structured products.

The unified platform will be launched during Fourth Quarter 2022. The platform can be accessed both directly by customers and through distribution partners and asset management firms that sign up to offer the K33 platform as part of their investment offering.