Deskoin, a crypto-asset service provider authorized by French competent authorities, today welcomes European neobank group Olky as a new investor through a funding round. Olky joins Deskoin's majority investors, which includes crypto veterans Owen Simonin (founder and CEO at Meria) and William Simonin (founder and CEO at Ta-Da).

The investment will power the European launch of Deskoin's crypto on-ramp and off-ramp infrastructure, addressing a critical market gap for Web3 companies. This new B2B suite provides Web3 startups with the essential payment infrastructures and bridges they need to connect traditional finance with crypto-assets.

"Together with Olky we're building essential payment and crypto infrastructure to power the next generation of Web3 companies in Europe," said Robin Charlier, CEO of Deskoin. "With MiCA setting new standards for crypto services in Europe, this funding will accelerate our mission to make crypto-to-fiat and fiat-to-crypto operations seamless for businesses. We're uniquely positioned to help Web3 companies navigate this evolution while removing major barriers to adoption and innovation."

Franck Rouayroux, CEO of Olky Group and OlkyPay, added: “Our strategic entry into Deskoin’s capital is an important step in our Web3 positioning. This entry also completes the expansion of our range of crypto and tokenisation products, which already includes Kypay/Kypay on-chain, Kycoin and the OlkyWallet offering. Our aim is to build an open ecosystem where CASPs can rely on our payment infrastructure. By seamlessly coupling our fiat payment solutions with crypto and tokenisation offerings, we are better positioned to expand our Web3 footprint in France and Benelux with a continuing commitment to compliance, security, and customer-centricity.”

Enhanced by Olky's payment infrastructure , Deskoin's platform offers:

• Treasury management: a comprehensive off-ramp solution enabling Web3 companies to convert their crypto holdings into fiat currency through traditional banking channels

• Token sale: an end-to-end solution for companies launching and selling tokens, with built-in compliance tools, automated KYC processes, and secure payment infrastructure

• User on-ramp: enabling Web3 projects to integrate fiat payment options and functionalities, allowing their users to easily access their services and applications

Founded in 2018, Deskoin has built a strong market presence on its retail investment platform, demonstrating its ability to deliver secure, scalable crypto solutions.

The strategic alliance with Olky marks a new chapter in bridging traditional finance and Web3 innovation across European markets.

"The future of finance lies in the seamless integration of traditional and crypto markets," added Robin Charlier. "Our solutions are designed to reduce complexity, enabling Web3 companies to focus on what they do best - building innovative products and services."

About Deskoin

Deskoin is a French crypto-asset service provider based in Metz, operating across Europe with PSAN registration from the Autorité des Marchés Financiers (‘AMF’) under number E2021-017. Since 2018, the company has successfully operated a retail investment app serving 50,000 users, enabling simple and secure crypto investments. Building on this success, Deskoin is committed to building a trusted ecosystem that facilitates crypto-asset investment and usage throughout Europe."

About Olky Group

With more than €8 billion worth of transactions processed by 2024, Olky group has seen very strong growth since 2018, driven by OlkyPay. OlkyPay performs payment accounts and services under a payment institution statute and is authorised by both the Luxembourg Commission de Surveillance du Secteur Financier (‘CSSF’) under number Z 00000006 and the French Autorité de Contrôle Prudentiel et de Résolution (‘ACPR’). OlkyPay's professional and consumer services are passported in all Member States of the European Union and the European Economic Area.

Olky Group which gathers 5 companies OlkyPay (Payment services), OlkyPass and Algoreg (KYC), OlkyWallet (Crypto services) and OlkyRent (Saas) has more than 100 employees located in Luxembourg and France. The Group is organised within automated IT flows processes, compliance and back office teams covering 40 business sectors, including crypto and enabling it to provide customised support to more than 180 Web 3 players.