What is Nexo?

This information comes directly from Nexo's help center


Nexo is the world’s most advanced, regulated digital assets institution offering quick fiat on-ramps for 40+ cryptocurrencies, industry-leading earn rates on assets, intuitive crypto exchange, instant crypto credit lines, and the world’s first crypto-backed credit card.

The company’s mission is to maximize the value and utility of cryptocurrencies. We help 4+ million users in 200+ jurisdictions grow their crypto wealth through our comprehensive​​ product suite.

The Nexo platform combines seamless user experience with military-grade security and $775M insurance. Clients’ assets are stored and protected in individually assigned multi-signature wallets in cold storage with Ledger Vault, Bakkt, and the only qualified, audited, Goldman Sachs-backed custodian – BitGo. To provide full transparency, Nexo is working with Armanino LLP to deliver real-time attestation over the company’s custodial holdings.

To learn more about security, please visit https://nexo.io/security.

Source: What is Nexo?
August 23, 2022
Was this article helpful?

Leave a Reply

Your email address will not be published. Required fields are marked *