Nexo offers instant crypto loans, a diverse ecosystem, and unparalleled security, bridging traditional finance with cryptocurrency innovation. More
| Fully Diluted Valuation | $1.29B |
|---|---|
| 24H Trading Volume | $11.88M |
| 24H Low / High | $1.26 / $ 1.30 |
| Circulating Supply | 1.00 B |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Alleged SEC Securities 5 more |
|---|---|
| Founder | Kosta Kantchev 2 more |
| Website | nexo.com Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 4 more |
| Explorer | Polygonscan 8 more |
| Contracts |
0xb62....15206
4 more
|
| Name | Pair | OG Score |
|---|
Nexo, a prominent player in the cryptocurrency space, stands out as a comprehensive digital assets institution that has evolved since its inception in 2018. Founded by finance professionals Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev, Nexo offers a wide array of financial services within its ecosystem. At its core, Nexo provides a decentralized lending protocol, allowing users to secure instant crypto-backed loans. Notably, the platform supports over 60 cryptocurrencies as collateral, giving investors, miners, hedge funds, exchanges, and token projects the flexibility to access liquidity without selling their digital assets.
One of Nexo's standout features is the Instant Crypto Credit Lines, enabling users to borrow from $50 to $2 million by depositing crypto as collateral. The Annual Percentage Rate (APR) depends on factors such as the user's Loyalty tier and the amount of NEXO held. Additionally, Nexo has diversified its offerings, including the Nexo Exchange for trading digital assets, the Nexo Prime platform tailored to institutional clients, and the innovative Nexo Card—a crypto-backed credit card in partnership with Mastercard. The company's commitment to security is evident through its ISO/IEC 27001:2013 certification, real-time attestation, and engagement with industry veterans like Ledger and Bakkt for custodial functions.
As Nexo celebrates its fifth anniversary in April 2023, the platform has garnered recognition in the industry, winning awards such as the Forbes Business Awards and FinTech Breakthrough Awards. With a track record of never losing client funds since its inception, Nexo's commitment to a strict, over-collateralized policy and prudent risk management practices highlights its dedication to a sustainable business model. The platform's innovative approach, bridging traditional finance and the crypto world, positions Nexo as a key player in advancing the adoption and utility of digital assets.
Nexo stands out with its instant crypto-backed loans, diverse financial ecosystem, and the world's first crypto-backed credit card, offering unparalleled flexibility for users to access liquidity while retaining ownership of their digital assets.
Nexo was founded in 2018 by a team of experienced finance professionals, namely Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev, who bring a wealth of expertise to the cryptocurrency and blockchain space.
Nexo Ventures, the investment arm of Nexo, focuses on early-stage blockchain projects contributing to Web3 and crypto asset adoption. The company initially raised $52.5 million through a private token sale to support its mission.
You can buy NEXO (NEXO) on Binance, Bitget, Gate.io, BybitMEXC cryptocurrency exchanges.
