Nexo provides an innovative solution to the crypto community by offering Instant Crypto-backed Loans. Previously, digital asset owners had no options to enjoy their crypto wealth without selling them.

Nexo's unique model allows users to retain 100% ownership of their digital assets while gaining immediate access to cash. The Instant Crypto-backed Loans are automatic, flexible, and cost-efficient, providing liquidity secured by the value of the client's digital assets. The entire process is completed with just a few simple clicks, without any hidden fees, capital gains taxes, or credit checks. Transparency is ensured through the use of blockchain technology, smart contracts, and Nexo's blockchain oracle.

Nexo caters to various users, including investors, miners, hedge funds, exchanges, and token projects, offering them crypto-backed loans. Users can transfer their assets to Nexo and withdraw funds instantly using the Nexo card or a bank account. Once the loan is repaid, the cryptoassets are returned to the borrower. Nexo operates in over 200 jurisdictions and accepts 45 cryptoassets as collateral. It is a subsidiary of Credissimo, a publicly traded fintech company established in 2007.

Nexo is the worlds leading digital assets institution. The company's mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, aggregation of liquidity from leading venues, and tax-efficient asset-backed credit lines. In early 2022, the enterprise launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Nexo has processed $130+ billion for 5,000,000+ satisfied users across more than 200 jurisdictions.

The NEXO Token is the platform's native currency, an ERC-20, Ethereum-based token, that grants holders access to tiers in Nexos Loyalty Program. The token, which is traded on the open market, brings a number of advantages, including preferential borrowing rates, cash-back, free withdrawals and better yield rates.

Nexo has a fixed supply of 1 billion tokens, with 560,000,011 NEXO currently in circulation.

Nexo was founded by a team of experienced finance professionals, namely, Kosta Kantchev (Co-Founder & Executive Chairman), Antoni Trenchev (Co-Founder & Managing Partner) and Kalin Metodiev, CFA (Co-Founder and Managing Partner). The company was established in late 2018, following a private token sale, raising $52.5 million. Trenchev in specific, is a frequent guest in some of the most popular fintech and cryptocurrency news outlets, including Bloomberg, CNBC and Yahoo Finance.

The NEXO Token can be bought on leading centralized and decentralized exchanges including Nexo Exchange, Binance, Bitstamp, Huobi, Bitfinex, Gate.io, Bitget, MEXC Global, UniSwap. NEXO can also be traded on the open market through leading exchanges.

Starting out in 2018 as an over-collateralized lending platform, Nexo has expanded its services in various digital asset verticals to create a comprehensive, all-in-one product suite for crypto management.

Nexo's Instant Crypto Credit Lines provide flexibility and ease-of-use for cryptocurrency holders in need of additional funds. The company's fully automated lending solution allows customers to instantly obtain loans in over 40 fiat currencies or stablecoins by using digital assets as collateral. They support over 60 cryptocurrencies as collateral.

The platform also offers daily payouts, compounding interest, and flexible yields through its Earn Interest product, with a zero-fee policy on deposits, withdrawals, and top-ups. Nexo also enables users to Swap while You Earn, allowing them to exchange cryptocurrencies earning interest for higher-performing assets.

Nexo Pro is the company's trading platform, providing access to over 400 market pairs for both novice and experienced traders. The platform supports spot and futures trading with market, limit, stop-loss, take-profit, trailing, and TWAP orders. Margin trading allows traders to apply up to 20x leverage. Nexo Pro utilizes Smart Order Routing to ensure deep liquidity from 10 leading exchanges across available market pairs.

The Nexo Card, developed in partnership with Mastercard, is considered the world's first crypto-backed credit card. It allows clients to spend the fiat value of their cryptocurrency holdings without selling them.

Designed with institutional interest in mind, Nexo Prime is Nexo's proprietary prime brokerage. Nexo Prime offers institutional, corporate, and high-net-worth investors all the necessary tools to trade, borrow, lend, and securely store their digital assets in a single platform.

Nexo's products have received numerous industry awards, including the Forbes Business Awards, PAY360 Awards, and FinTech Breakthrough Awards. As one of the leading retail and institutional lenders in the digital assets space, the company will celebrate its 5th anniversary in April 2023.

Nexo was one of the first operators in the digital asset space to implement real-time attestation, demonstrating that the company's assets always exceed liabilities.

Since its inception in 2018, Nexo has never lost a single dollar of client funds, establishing a strong track record. The company has partnered with industry veterans such as Ledger and Bakkt for custodial functions. In November 2019, Nexo obtained its ISO/IEC 27001:2013 certification. Platform security is further enhanced by industry-standard features, including 2FA account login with biometric data, SSL secure connection, and a 24/7 customer support team.

The company holds over 50 licenses and registrations with regulators. Nexo follows a strict, non-negotiable, over-collateralized policy and employs prudent risk management practices for lending activities, ensuring the protection of its clients and promoting a sustainable business model.