According to Serbian Economist, Denmark’s Penning has acquired the wealth management business from the Lithuanian crypto investment platform Veli, which was founded by a Serbian team. The deal specifically concerns the wealth management division, not the entire Veli company.
Veli’s European clients are scheduled to be migrated to the new Penning Wealth platform by the end of June 2026. Penning positions the deal as a step toward creating a MiCA-compliant platform for long-term investors in digital assets.
Veli is a crypto investment platform for long-term investors and financial advisors. The company was founded by a Serbian team with experience in institutional business, crypto investments, and portfolio management.
Penning is a Danish crypto service provider and one of the first players in Denmark to obtain a license under MiCA regulations. Following the deal, Veli will operate as a separate wealth management division of Penning.
