Bitcoin -6% in 2025, yet CheckSig grows: revenues +65%, €39M valuation

The Italian fintech closes its fifth consecutive year of growth on every front (revenues, clients, assets under custody, services) and is the first MiCAR-authorized crypto operator in Italy

Milan, May 28, 2026 – CheckSig, the first MiCAR-authorized crypto operator in Italy, today released its 2025 Results, reporting steady growth across all operational and financial metrics. With €113 million in assets under custody (+23% vs. 2024) and 1,269 Private clients (+74%), revenues increased 65%, marking the fifth consecutive year of growth.

Five years of uninterrupted growth

Between 2021 and 2025, CheckSig delivered sustained growth across all key indicators. Business growth has consistently outpaced Bitcoin’s price performance, reflecting strong net inflows even during bearish phases of the cycle.

While Bitcoin grew 154% in 2024 and CheckSig’s business 330%, the 2025 figures — with Bitcoin at -6% — confirm the trajectory:

• Revenues: €1.4M (+65% YoY)
• Private clients: 1,269 (+74% YoY)
• Assets under custody, Private clients: €113M (+23% YoY)
• Average assets under custody per client: >€89K
• Private trading volumes: €62M (+11% YoY)

This growth comes against the backdrop of a consolidating crypto sector, increasingly favoring operators with high standards of security, transparency, and compliance.

Ferdinando Ametrano, CEO of CheckSig, commented: ”Europe needs a regulated, verifiable crypto infrastructure built to last. We’ve been building it since 2019. These results confirm it’s a real competitive advantage.”

€3.5M round in 2025, €39M valuation in 2026

In 2025, CheckSig closed its Series A-2 round at €3.5 million, with a post-money valuation of €33.5 million — up 34% from €25M in 2024. Today the company is opening its Series A-3 at a €39M pre-money valuation, to support commercial expansion in Italy and entry into European markets.

New services and platform expansion

In 2025, CheckSig accelerated platform development, deepening its vertically integrated model across the entire digital asset lifecycle. Key new features include:

• Recurring Investment Plans (DCA) for systematic crypto investing
• Crypto custody as collateral for euro loans — a first in the Italian market
• Expanded staking services
• Trading expanded to over 30 assets and 200 pairs
• Expansion in the Swiss market through subsidiary CheckSig Suisse AG

The platform now integrates trading, custody, tax services, and the Crypto-as-a-Service infrastructure of CheckSig Clear for institutional clients.

MiCAR license and institutional standards

Among the first Italian operators to apply for the MiCAR license in 2025, CheckSig became the first to be granted it. Also named “Best Fintech” at the Banking Awards 2025, CheckSig has reinforced its leadership in security, transparency, and customer trust, with:

• SOC 1 / SOC 2 Type II attestations for the fifth consecutive year
• Proof-of-Reserves, public and monthly, continuously since 2020
• Insurance coverage on assets under custody, renewed and expanded
• Net Promoter Score of 61, in the excellence range (>50), above global banking (~30) and the leading crypto exchanges (Coinbase 46, Binance 39, Kraken 28)

2026 outlook

In 2026, new strategic directions will broaden the company’s operational scope. ”We will introduce a utility token to enable new possibilities within the CheckSig ecosystem,” comments Ametrano. ”In parallel, we are developing advanced collaborations with regulated institutional lenders for crypto-collateralized euro loans, according to the standards of traditional lombard loans.”

Press contacts: [email protected]

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