John Lilic Expands Stake in Hilbert Group, Signaling Strong Confidence in Nordark Integration
Veteran Web3 investor doubles down on Europe’s emerging digital finance ecosystem.
Stockholm, September 12, 2025 – Hilbert Group AB (Nasdaq: HILB B), the Stockholm-listed investment firm specializing in digital assets and fintech, has announced that John Lilic, one of the earliest contributors to Bitcoin and Ethereum, has expanded his stake in the company. Lilic, recognized globally as a leading Web3 angel investor, purchased additional Hilbert B-shares worth SEK 5.5 million at SEK 10.08 per share.
The investment mirrors the recent private placement by Hilbert’s Chief Investment Officer, Russell Thompson, who invested SEK 25 million at the same price. The subscription price was pegged at the lower of SEK 10.08 or the five-day VWAP following Hilbert’s Q2 earnings release, ensuring a transparent transaction.
Hilbert Group AB
Lilic’s decision underscores investor confidence in Hilbert’s acquisition of Nordark, the digital banking platform integrated earlier this month. Nordark offers institutional-grade solutions across crypto banking, trading, and lending, with revenues spanning banking fees, trading commissions, and lending income. Its synergies with Hilbert’s platforms—particularly Syntetika and its asset management arm—are expected to create a robust full-stack digital finance ecosystem.
“I have been involved with Nordark since its inception and believe it has the potential to become a leading crypto banking platform,” said Lilic. “With Hilbert’s backing, Nordark has the perfect home to scale globally. I am excited to deepen my commitment at this pivotal stage.”
Hilbert Group co-founder Niclas Sandström echoed the sentiment:
“John has been a catalyst in Nordark’s journey. His increased stake is a strong vote of confidence in both Hilbert’s strategy and Nordark’s role as a future revenue engine.”
With seasoned investors aligning behind its growth, Hilbert Group is advancing its ambition to become Europe’s leading digital finance hub—blending fintech innovation with institutional-grade governance.
