Crypto Lender Nexo Introduces $5,000 Minimum Limit to Focus on Wealthy Clients

Crypto trading and lending platform Nexo has introduced a $5,000 asgarî limit to use its services as the firm evolves into a digital assets wealth manager targeting the mass affluent market.

The move, which comes into effect on February 21, is part of the firm’s 2025 growth strategy and recent rebranding, according to a press release on Tuesday.

“Guided by principles rooted in traditional finance and the personalized excellence of private white-glove services, we are committed to delivering sustainable wealth solutions for generations to come,” Nexo co-founder Kosta Kantchev said in a statement.

Nexo is one of the few crypto borrow and lend platforms to have survived the bear market of 2022-23, and collapse of many centralized crypto finance firms at that time. Looking ahead, Nexo won an initial approval to operate as a licensed entity in Dubai in March of last year.

Nexo has over $11 billion in assets under management, has issued $8 billion in crypto credit, and paid out over $1 billion in interest, the company said.

İlginizi Çekebilir:Crypto Winter Appears to Have Arrived With Bitcoin, Top 50 Tokens Falling Into Bear Market Territory: Coinbase Institutional
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Bitcoin Shrimps Emerge as the New ‘Smart Money’ as Whales Offload Their Stash: Van Straten
TON Blockchain to Use LayerZero to Improve Cross-Chain Functionality
Money Launderer Who Moved Scam Victims’ Funds Faces Up to Two Decades in U.S. Prison
Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Web Venture
Citi, Fidelity Exhibit Proof-of-Concept for Real-Time Forex Swap Onchain
Chart of the Week: Wall Street’s ‘Fear Gauge’ Is Flashing Possible Bitcoin Bottom
Mariobet Resmi | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.