Am I the owner of the collateral which is used for my Nexo loan?

This information comes directly from Nexo's help center

Our Nexo Crypto Credit General Terms and Conditions state the following in the point IV.4:

Unless prohibited by any Applicable Law, by virtue of this Agreement Nexo acquires the ownership of the Collateral while the Nexo Crypto Credit is outstanding.

Source: Am I the owner of the collateral which is used for my Nexo loan?
August 23, 2022
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