Tagged: antoni trenchev

November 19, 2023 @ 5:14 pm By Omar Faridi  |  

Nexo, the institution for digital assets, is advancing in cloud infrastructure security with the attainment of the Cloud Security Alliance’s Security, Trust & Assurance Registry (STAR) Level 1 Certification. Following the recent successful completion of the prestigious SOC 2 Type 2 audit and the 2019… Read More

September 1, 2023 @ 10:15 am By Omar Faridi  |  

Nexo, the institution for digital assets, is redefining daily crypto transactions by unveiling the world’s first Dual Mode capability featuring both debit and credit. This strategic enhancement will further enrich the capabilities and user experience of the pioneering Nexo Card, released in 2022 in partnership… Read More

July 7, 2023 @ 6:58 pm By Omar Faridi  |  

Nexo, which claims to be the world’s leading digital assets institution, recently marked a significant milestone with the successful completion of its independent Type 2 SOC 2 audit. This step underlines Nexo‘s commitment “to delivering industry-leading client data security and ensures an elevated experience for… Read More

December 13, 2022 @ 12:30 pm By Omar Faridi  |  

Nexo, which claims to be the “leading” regulated institution for digital assets, has announced its registration “with the Ministry of Finance of Poland as a Virtual Assets Service Provider (VASP) in the country.” This development in Poland “builds on the crypto-native FinTech’s longstanding effort to… Read More

April 14, 2022 @ 7:09 pm By Omar Faridi  |  

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More

June 30, 2021 @ 8:00 pm By Tony Zerucha  |  

Digital assets firm Nexo has begun to integrate Cardano’s ADA into its full suite of financial services. The process begins with buy and sell services for ADA on the Nexo Exchange, yields of up to eight per cent interest, and the option to borrow against… Read More

February 19, 2021 @ 3:39 pm By Omar Faridi  |  

Ledger Vault has reportedly entered into agreement with Nexo in order to secure and protect clients’ funds. Ledger Vault aims to provide institutional-grade self-custody to Nexo. Through the partnership, which was announced on February 10, 2020, the companies will be focused on providing clients with… Read More

February 10, 2021 @ 8:58 am By JD Alois  |  

Nexo, a crypto lending platform and exchange, says that assets under management have “surged” to more than $4 billion. The comments may come as no surprise as Bitcoin has rocketed to new highs as Tesla announced it had purchased $1.5 billion in BTC and expectations… Read More

March 26, 2020 @ 11:04 am By Omar Faridi  |  

Digital asset lender Nexo has introduced a PAX Gold (PAXG) credit line for retail clients. Nexo’s management noted that it will allow all investors to use the PAXG token as a collateral option. This offering was only available for the company’s institutional clients. PAXG is… Read More

October 31, 2019 @ 1:20 am By Cali Haan  |  

The availability of cheap, cryptocurrency-collateralized loans is growing unsustainably and could induce a crisis, two former Wall Street traders now working in crypto lending have told Bloomberg. According to the outlet, the crypto-collateralized loan industry is a relatively new one that mostly emerged in the… Read More