Crypto exchange · 🇸🇪 Sweden

Safello

76.6Sentiment /100▼ 0.3

Does Safello have a MiCA licence?

✓ Authorised · MiCA CASP

Yes. Safello (legal entity Safello AB) holds a MiCA crypto-asset service provider (CASP) authorisation - regulated by Finansinspektionen in Sweden, listed in the official ESMA register. Through MiCA passporting it may legally serve clients across the EU/EEA (30 countries).

Licence details

Licence status✓ Authorised (MiCA CASP)

Legal entitySafello AB

Home regulatorFinansinspektionen

Country of authorisation Sweden

Official websitesafello.com

SourceESMA MiCA register

Licensed crypto services (6)

Custody & administration of crypto-assets

Safekeeping and administration of crypto-assets on behalf of clients.

Exchange of crypto-assets for funds

Exchanging crypto-assets for fiat currency.

Exchange of crypto-assets for other crypto-assets

Exchanging one crypto-asset for another.

Execution of orders on behalf of clients

Executing buy/sell orders for crypto-assets for clients.

Reception & transmission of orders

Receiving and passing on client orders for crypto-assets.

Transfer services for crypto-assets

Transferring crypto-assets on behalf of clients.

Where you can use Safello · EU/EEA passporting (30)

A MiCA authorisation passports across the whole EU/EEA, so Safello may legally serve clients in:

Austria Belgium Bulgaria Croatia Cyprus Czechia Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Italy Latvia Liechtenstein Lithuania Luxembourg Malta Netherlands Norway Poland Portugal Romania Slovakia Slovenia Spain Sweden

✦ Sentiment OverviewUpdated every month · Aug 19, 2026

Safello holds a solid 4.2/5 rating across platforms with steady customer sentiment, while its NeoBase index sits at 76.6 (-0.3). Recent headlines reveal mixed signals: expansion moves into Finland and a new Swiss-listed ETP product generate positive traction, yet 2025 financial results reporting negative performance tempers momentum. The brand remains perceived favourably by users despite modest headwinds.

Sentiment index

our score · updated every month

76.6/100▼ -0.34 vs previous reading

Ratings across platforms

★ 4.2 · 7.2K · 3

Trustpilot

3.6★

1.9K ratings · 71% positive

Google Play

4.3★

2.0K ratings · 81% positive

50K+ installs

App Store

4.5★

3.3K ratings · 89% positive

Measured August 17, 2026

Rating distribution

All platforms

5★

67% · 4.8K

4★

15% · 1.1K

3★

7% · 504

2★

2% · 144

1★

9% · 656

Rating & review volume over time

Trustpilot · 3.6★Google Play · 4.3★App Store · 4.5★Review volume · 7.2K · +0.0%

Brand sentiment trend

positive sentiment, by platform

Trustpilot · 71%Google Play · 81%App Store · 89%

App screenshots

App Store

In the media

brand coverage

7 Best Crypto Exchanges in Sweden

coingape.com · 5mo ago

Sweden has been a very crypto-friendly country in Europe. Best crypto exchanges in Sweden are Safello, Coinbase, Gemini, and more.

Safello Reports Negative Results for 2025 Year

finchannel.com · 7mo ago

Safello Launches in Finland

finchannel.com · 7mo ago

Safello's TAO ETP listed on SIX Swiss Exchange

www.prnewswire.com · 10mo ago

PRNewswire/ -- Safello, the leading crypto exchange in the Nordics, announces that the company has listed its physically backed and staked...

STAO.USD Stock Fund Price and Chart — SIX:STAO.USD

www.tradingview.com · 10mo ago

The Safello Bittensor Staked TAO ETP (STAO) provides investors with secure, regulated exposure to Bittensor (TAO) a decentralized, blockchain-based machine...

Latest from social

LinkedIn & Facebook

SafelloLinkedIn· 3mo ago · Jun 9, 2026

The Safello Bittensor Staked TAO ETP ($STAO) is now available in EUR on Bourse Direct 🇫🇷 French investors can now access $STAO denominated in euros — following our cross-listing on Euronext Paris earlier this month. STAO offers regulated, physically backed exposure to Bittensor (TAO) with native staking rewards that are automatically accumulated in the NAV.

♡ 8💬 0↻ 0

SafelloLinkedIn· 3mo ago · Jun 5, 2026

Safello has entered into a strategic partnership agreement with Wictor Family Office, one of Sweden's contemporary family offices serving a new generation of entrepreneurs and wealth creators. “This partnership strengthens our ability to deliver a modern, comprehensive wealth management offering. We look forward to competing more effectively with the larger international banks and continuing our ambition to be a truly contemporary family office, one that reflects the needs and opportunities of today’s entrepreneurs and wealth creators,” says Sara Viktorsson, CEO at Wictor Family Office. The partnership supports Safello’s ambition to become the go-to custodian for family offices and wealth managers looking to offer direct crypto exposure to their clients. Full press release in the comments below 👇 #Safello #CryptoAssets #Custody #FamilyOffice #MiCA #DigitalAssets #WealthManagement

♡ 31💬 4↻ 3

SafelloLinkedIn· 3mo ago · Jun 2, 2026

The Safello Bittensor Staked TAO ETP (STAO) is now listed on Euronext Paris — marking the first time STAO is available for trading in euros. STAO is now available across three major European exchanges: 🇨🇭 SIX Swiss Exchange — USD 🇸🇪 Nasdaq Stockholm — SEK 🇫🇷 Euronext Paris — EUR The Safello-branded product issued by DDA ETP AG is 100% physically backed by staked TAO, combining direct price exposure to Bittensor with on-chain staking rewards reinvested into the NAV. Link to the press release below 👇 #Bittensor #TAO #ETP #Safello #Euronext #DigitalAssets #DecentralizedAI

♡ 19💬 1↻ 4

SafelloLinkedIn· 4mo ago · May 19, 2026

ETPs. ETFs. Derivatives. The crypto investment product landscape is evolving fast — and Safello's founder & CEO, Frank Schuil, will be on stage at Nordic Blockchain Conference to discuss what's next. 📅 May 26 | 13:55–14:35 CET | Stage 1, Stockholm 🎤 Panel: The New Wave of Crypto Investment Products – ETPs, ETFs & Derivatives Alongside Christopher Kock, Damien Schuler, and Jacob Lindberg. See you there. #NordicBlockchainConference #NBC2026 #CryptoETP #Safello

♡ 33💬 1↻ 1

What people are saying

mentions on X, Reddit & Facebook

FareemmakincryptoeasyX· 3w ago

@JoeNakamoto And if you're based in Scandinavia, avoid Lunar bank. They'll debank you when it comes to anything bitcoin. Also, don't venture anywhere close to @SafelloAB. They will ask u for video recordings from within your wallets to prove ownership, else threaten blocking funds.

Kaupr – the Nordic media house for onchain financekaupr_ioX· 4w ago

Safello's revenue fell 33% in Q2. The CEO says the company holds all the trump cards. @FrankSchuil writes that with every Swedish competitor denied a MiCA licence and Binance withdrawing from Europe, @SafelloAB is positioned to win the market — even as active customers dropped from 18,700 to under 13,000 and the operating loss more than tripled to SEK 7.3 million. Two pictures of the same company in a single quarter. The next checkpoint is 6 November, when the cost cuts are expected to come through in full. #MiCA #crypto #fintech Also available in Norwegian, Swedish and Danish. https://t.co/9RVw6hzlkb

PunkXBTPunkXBT_X· 1mo ago

@FrankSchuil @finansinsp @SafelloAB @trijo_se @QuickbitAB @BTCXsweden reg clarity is becoming a bigger moat than people expected

FrankSchuilFrankSchuilX· 2mo ago

As per today, the state of MiCA licensed entities in Sweden 🇸🇪 via @finansinsp - @SafelloAB has an approved license - @trijo_se and @QuickbitAB got their license denied and are fighting in court. - No mention of @BTCXsweden, who will have to shut down. The safest fellow abides 🫡 https://t.co/ZQ4eXba6gz

MidasMidasRWAX· 2mo ago

Giacomo Benincasa (@Giacomo659826), Legal Counsel at Midas, joined the panel "From DeFi to Tokenised RWA: The New World of Finance" at Nexus Luxembourg alongside @coinbase, @Bitwise and @SafelloAB. In his words: "The thing I stressed the most: the use of tokenised real-world assets as collateral on on-chain lending markets is a proven use case for tokenisation. As traditional finance moves on-chain and demand for high-quality collateral assets accelerates, tokenised fund shares can be the perfect answer to that demand, and lending markets may in turn become a new distribution channel for traditional investment funds."

Frequently asked questions

Does Safello have a MiCA licence?

Yes. Safello (legal entity Safello AB) holds a MiCA crypto-asset service provider (CASP) authorisation, regulated by Finansinspektionen in Sweden and listed in the official ESMA register.

Who regulates Safello in the EU?

The EU activity of Safello is authorised and supervised by Finansinspektionen, its home national competent authority under MiCA.

Which crypto services is Safello licensed for?

Under MiCA, Safello is authorised for: Custody & administration of crypto-assets, Exchange of crypto-assets for funds, Exchange of crypto-assets for other crypto-assets, Execution of orders on behalf of clients, Reception & transmission of orders, Transfer services for crypto-assets.

In which countries can I legally use Safello?

A MiCA authorisation passports across the whole EU/EEA, so Safello may legally serve clients in all 30 EU/EEA member states.

Is Safello in the ESMA register?

Yes. Safello AB appears in ESMA's official register of authorised MiCA crypto-asset service providers, recorded under Finansinspektionen.

Is a MiCA licence the same as a CASP licence?

Yes. MiCA (MiCAR) is the EU regulation; a CASP (crypto-asset service provider) is a firm it licenses. "MiCA register", "CASP register" and "ESMA register" all refer to the same official list.

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Ratings & sentiment aggregated from Trustpilot, Google Play and App Store - anonymised store metrics only, no individual reviews.

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