Dutch crypto exchange Finst secures €8M in Series A round
Finst, a Netherlands-based regulated crypto exchange, announced an €8 million Series A round led by Endeit Capital, lifting its total funding to €15 million.
The round attracted continued support from existing investors, including Eelko van Kooten, founder of Spinnin’ Records, and Mark Fransen, co-founder of DEGIRO.
The company will direct the new capital toward European expansion, enhanced staking products, expanded asset selection, new platform features, and additional offerings for retail and professional users.
“Our mission has been clear from day one: to make crypto investing safer, fairer and radically more transparent,” Finst co-founder Julien Vallet said. “With this Series A funding, we’re ready to bring that mission to every major European market.”
Vallet noted that Endeit’s backing would strengthen the exchange’s ability to democratize digital asset services across Europe and reduce costs for European investors.
“Finst has shown exceptional execution and product innovation in a highly regulated market,” said Jonne de Leeuw, partner at Endeit Capital. “Their MiCAR-first approach and focus on transparency align perfectly with our belief that Europe can lead the next phase of regulated digital-finance growth.”
The Amsterdam-based platform launched in 2023 with a goal to address issues like high fees and lack of trust in crypto markets, which weighed on adoption. It focuses on transparency, security, and institutional-grade standards, targeting both retail and professional investors across Europe.
Finst said its verified user base has approached 100,000 since launch, with several billion euros in trading volume handled every year. The company has scaled revenue approximately 14 times over three years while remaining operationally profitable.
In 2024, Finst raised €4.4 million in a seed round led by Sentel SG, Deribit’s parent company. The funding helped fuel the acquisition of competitor Anycoin Direct later that year.
Last year, Finst received its MiCAR (Markets in Crypto-Assets Regulation) license from the Dutch Authority for Financial Markets. The license enables it to scale its operations across EU markets.
