Penning Financial Services ApS is a cryptocurrency services provider headquartered in Copenhagen. The company disclosed that the Danish Financial Supervisory Authority Finanstilsynet approved its provision of 7 regulated services under the MiCA framework on January 15, 2026, including portfolio management.

The scope of authorization covers 7 services.

The approved services include hosting, exchange, order execution, order delivery, portfolio management, and transfer services. The company has not been approved to operate a trading platform, token issuance and placement, or provide consulting services for crypto assets.

Available in 30 European markets

The temporary MiCA CASP registration for ESMA is now available, and the authorization for Penning is now valid in 30 EU and European Economic Area countries. The French AMF whitelist also lists the same legal entity and the same range of services.

After acquiring Veli, Penning Wealth was launched.

In June 2026, the company acquired the wealth management business of the Lithuanian platform Veli, and based on this acquisition, it launched Penning Wealth. This service is targeted at customers who hold assets for the long term and those who rely on advisory services, and it operates in parallel with the company's self-service trading and portfolio management services.