Coinmotion

The company started in 2012 under the name Prasos, founded by early bitcoin users who wanted to build the crypto services they would use themselves. Under the name Coinmotion it grew into a crypto service for everyday savers and investors, and its management team brings together early bitcoin advocates and people from banking and finance.

Antti-Jussi Suominen leads Coinmotion as chief executive, and he previously ran the Finnish business account provider Holvi for more than four years. Coinmotion Oy has its registered office in Jyväskylä, and the FIN-FSA also supervises it as a payment institution.

The FIN-FSA authorized Coinmotion Oy on 2 July 2025 as a crypto-asset service provider under Article 63 of MiCA, which made Coinmotion the first company in Finland with such an authorization. It covers custody and administration of crypto assets, exchange of crypto assets for money, execution of orders and transfer services for clients.

The interim MiCA register of ESMA lists Finland as home member state and Sweden as passport country, which matches the Swedish language version of the service. With a CASP license a provider can notify further EEA states later, and its supervisor passes the notification on to the host country.

Coinmotion Wealth gives investors personal advice on crypto investing and taxation, and the OTC trading desk handles larger trades, where clients agree the details directly with a trader. Companies open business accounts, and a separate offer serves institutions that want to buy or hold crypto assets.

Monthly saving lets customers spread their purchases over time with automatic buys after each deposit. The Vault is an extra layer of protection for holdings, which Coinmotion offers because crypto transfers are fast and cannot be reversed once they leave the account.

Coinmotion is a crypto service from Finland that sells more than 300 crypto assets in euros, keeps them in custody and supports customers with saving plans, tax help and personal wealth advice. The FIN-FSA supervises Coinmotion Oy as a crypto-asset service provider under MiCA and as a payment institution.

The Coinmotion app lets customers buy and sell crypto assets in seconds, follow the value of their holdings and set up monthly saving on the phone. Deposits arrive from Finnish banks, so customers move euros between their bank account and the crypto account without a detour through a foreign exchange.

Coinmotion keeps customer funds in a multi-signature cold wallet infrastructure, and the FIN-FSA has approved its asset storage systems. Customers who prefer self-custody can withdraw their crypto assets to a wallet of their own, and the Vault adds a further layer of protection for assets that stay with Coinmotion.

Coinmotion Oy is a Finnish limited company with the business ID 2469683-1 and its registered office at Kauppakatu 39 in Jyväskylä. The company serves customers in Finland and Sweden, and its customer support answers questions in Finnish and in Swedish.

Finnish tax rules treat gains on crypto assets as capital income, so every sale or exchange of a crypto asset can create a taxable event. Coinmotion helps its customers handle these taxes, and its wealth service gives personal advice on the taxation of crypto investments.