COMPANY DESCRIPTION: Nexo is a financial institution for digital assets with $4 billion in assets under management.
LAUNCH DATE: Platform was launched in 2018
CO-FOUNDER: Co-founder and Managing Partner of Nexo Antoni Trenchev, has experience in Finance Law and in KYC. He was also a member of parliament in Bulgaria’s National Assembly from 2015 to 2017.
MANAGEMENT: Combined experience of over 30 years in financial services, specifically in hedge funds, non-crypto lending, mergers and acquisitions and investment banking.
HUMAN CAPITAL: 150 employees
LOCATION OF HEADQUARTERS: London, UK
LENDING PLATFORM: Nexo offers tax-efficient Instant Crypto Credit Lines™
CAPABILITIES: It has OTC capabilities
INSURANCE: Nexo provides the top-tier custodial insurance. The platform of Nexo is insured against theft and frauds and is covered by a $100 million insurance policy
STORAGE: Digital assets are stored with BitGo, a crypto-asset custodian that keeps tokens in cold storage wallets
SECURITY: Military-grade security of the Nexo Wallet.
INTEREST PAYMENTS: Daily payment of interest amount.
FIAT SUPPORT: Supports over 40 types of FIAT
LOAN OPTION: Without the sale of crypto, one can obtain an instant cash loan.
EARNING POTENTIAL: Approx 10% on stable currencies along with other fiat currencies. Approx 6% on crypto coins per annum.
USER BASE: Nexo has processed $5+ billion for 1,000,000+ users
SOCIAL MEDIA: Boasts 200k followers on Twitter, LinkedIn,Reddit, telegram and Facebook
GEOGRAPHIC REACH: licensed and regulated in over 200 countries
NATIVE TOKEN: native token, NEXO, an ERC-20 token issued on the Ethereum blockchain.
CERTIFICATIONS: ISO/IEC 27001:2013 certified in 2019
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