Tagged: nexo

Report: Former Wall Street Traders Warn of Crypto Lending Bubble

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

Fintech Predictions for 2019. Where We Have Been & Where We Are Going

As we head into a market correction, 2019 and beyond will be very interesting for the evolving Fintech industry. This sector of finance saw significant M&A activity and massive fundraising during the 2nd half of 2018 and I predict that we will see more of… Read More

Stablecoin TrueUSD Tops $200 Million in Market Cap & Over $1 Billion in Monthly Trading while Focusing on Compliance: “Tokenizing Assets is the Next Big Wave”

Stablecoins are currently a hot sector of crypto. Tied to an asset like fiat currency like the US dollar, or a commodity, these digital currencies are designed not to fluctuate dramatically in a crypto world with endemic volatility. A recent report indicated that more than… Read More

Nexo Teams Up With UTRUST to Integrate Instant Loan Solution on Crypto Payment Platform

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Nexo, a crypto-backed loans platform, has formed a partnership with secure crypto platform UTRUST to integrate its instant loan solution on the UTRUST platform. Nexo reported its crypto-backed lending capabilities on will provide UTRUST crypto with an option to make delayed payment purchases. According to… Read More

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