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About Nexo
- Nexo is the world’s leading digital assets institution.
- Processed $130+ billion for 6,000,000+ users across 200+ jurisdictions.
- NEXO Token is the platform’s native currency, an ERC-20, Ethereum-based token.
- Fixed supply of 1 billion tokens, with 560,000,011 NEXO currently in circulation.
- Founded by Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev in 2018.
- Raised $52.5 million in a private token sale.
- NEXO Token can be bought on leading centralized and decentralized exchanges
About Nexo: Empowering the Future of Finance
Introducing Nexo (NEXO): A Pioneering Digital Asset
Nexo, the world’s preeminent digital assets institution, is driven by a mission to unlock the full potential and utility of digital assets. The company offers a comprehensive suite of innovative products, including advanced trading solutions tailored to the needs of both retail and institutional clients, aggregated liquidity from top-tier venues, and tax-efficient asset-backed credit lines. In early 2022, Nexo expanded its scope with the launch of Nexo Ventures, its investment arm, which has since amassed an impressive portfolio of over 60 companies. To date, Nexo has successfully processed in excess of $130 billion for a community of more than 6,000,000 satisfied users spanning over 200 jurisdictions worldwide.
The NEXO Token, an ERC-20, Ethereum-based cryptocurrency, serves as the platform’s native currency, affording holders access to exclusive tiers within Nexo’s Loyalty Program. As a freely traded token on the open market, it confers a multitude of benefits, including preferential borrowing rates, cash-back rewards, complimentary withdrawals, and enhanced yield rates.
The Circulating Supply of Nexo Coins: A Closer Look
Nexo boasts a fixed supply of 1 billion tokens, with a circulating supply of 560,000,011 NEXO tokens currently in existence.
The Visionaries Behind Nexo: Meet the Founders
Nexo was established by a team of seasoned finance professionals, comprising Kosta Kantchev (Co-Founder & Executive Chairman), Antoni Trenchev (Co-Founder & Managing Partner), and Kalin Metodiev, CFA (Co-Founder and Managing Partner). Founded in late 2018, the company successfully concluded a private token sale, securing $52.5 million in funding. Notably, Trenchev is a frequent commentator in prominent fintech and cryptocurrency news outlets, including Bloomberg, CNBC, and Yahoo Finance.
Acquiring Nexo Tokens (NEXO): A Comprehensive Guide to Purchasing Options
The NEXO Token is available for purchase on prominent centralized and decentralized exchanges, including Nexo Exchange, Binance, Bitstamp, Huobi, Bitfinex, Gate.io, Bitget, MEXC Global, and Uniswap.
The Nexo Difference: Unparalleled Innovation
Launched in 2018 as an over-collateralized lending platform, Nexo has since diversified its services across multiple digital asset verticals, culminating in a comprehensive, 360-degree product suite for holistic crypto management.
Nexo’s Instant Crypto Credit Lines provide unparalleled flexibility and convenience for cryptocurrency holders in need of additional funds. The company’s fully automated lending solution enables customers to instantly access loans in over 40 fiat currencies or stablecoins, leveraging their digital assets as collateral to secure the loan, with a diverse range of over 60 supported cryptocurrencies available for collateralization.
The platform boasts a trifecta of benefits, including daily payouts, compounding interest, and flexible yields on its Earn Interest product, all underpinned by a zero-fee policy for deposits, withdrawals, and top-ups. Furthermore, Nexo’s innovative “Swap while You Earn” feature enables users to seamlessly exchange cryptocurrencies earning interest for higher-performing assets, maximizing their returns.
On Nexo, users can engage in perpetual futures trading, where they can leverage up to 50x to long or short cryptocurrencies. By utilizing risk management tools, such as trigger orders, users can implement strategies and gain exposure to cryptocurrency price movements through USDT-settled futures contracts.
In collaboration with Mastercard, Nexo has introduced the world’s pioneering crypto-backed credit card, empowering clients to utilize the fiat equivalent of their cryptocurrency assets without necessitating their sale.
Crafted with the discerning needs of institutions in mind, Nexo Prime represents the proprietary prime brokerage solution of Nexo. This comprehensive platform empowers institutional, corporate, and high-net-worth investors with a unified suite of tools to seamlessly trade, borrow, lend, and securely store their digital assets.
Nexo’s products have garnered prestigious accolades, including the esteemed Forbes Business Awards, PAY360 Awards, and FinTech Breakthrough Awards. As the company commemorates its 5th anniversary in April 2023, it solidifies its position as a preeminent retail and institutional lender in the digital assets sphere.
The Nexo Network’s Robust Security Framework
Nexo’s unwavering commitment to security is exemplified by its prestigious certifications, including ISO 27001, ISO 27017, and ISO 27018, underscoring its relentless dedication to safeguarding client data and fortifying cloud security. Moreover, Nexo’s stellar reputation is reinforced by its attainment of the Cloud Security Alliance’s esteemed STAR Level 1 Certification and the successful completion of a rigorous SOC 2 Type 2 audit, thereby affirming its steadfast adherence to stringent data privacy standards. Furthermore, the platform’s security is augmented by a plethora of industry-standard features, including 2FA account login with biometric data, SSL secure connection, and a 24/7 customer support team, providing an additional layer of protection and assurance.
The company adheres to a stringent, non-negotiable, and over-collateralized policy, underpinned by prudent risk management practices, to safeguard its clients’ interests and foster a sustainable business model.
Associated Resources:
Nexo.com, a pioneering digital platform, seamlessly converging traditional finance with the innovative realm of cryptocurrency.
Nexo Prime