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Nexo

Nexo

NEXO
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Crypto lending institution

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Project Overview

Nexo is a cryptocurrency lending institution offering quick fiat on-ramps for more than 40 cryptocurrencies, industry-leading interest rates on assets, an intuitive cryptocurrency exchange, instant cryptocurrency credit lines, and a credit card backed by cryptocurrencies.

Upbit to List NEXO/USDT Trading Pair

According to the official announcement, Upbit will list the NEXO/USDT trading pair.

Nexo Launches Regulated Cryptocurrency Collateralized Lending Services in Australia

According to Cointelegraph, Nexo Australia announced the launch of a regulated crypto-backed credit line, allowing eligible users to pledge digital assets as collateral to borrow Australian dollars or stablecoins without selling their held crypto assets. The service typically disburses funds within 24 hours, supports flexible repayment, has no fixed terms or disbursement fees, and interest rates range from 0.9% to 21.9%.

Nexo Completes EU MiCAR Compliance Overhaul, Partners with Two German Licensed Institutions to Serve the European Market

According to Bitcoin.com, digital asset wealth platform Nexo announced the completion of an upgrade to its European Economic Area (EEA) operational structure to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Nexo chose to partner with two entities regulated by the German Federal Financial Supervisory Authority (BaFin) rather than directly applying for a single MiCAR license: Tangany holds a MiCAR license and is responsible for providing segregated digital asset custody infrastructure; DLT Finance holds both MiCAR and MiFID II authorizations and is responsible for providing brokerage and execution infrastructure. Currently, all of Nexo's services in the EEA are operating seamlessly without any interruption.

Related news

Upbit to List NEXO/USDT Trading Pair

According to the official announcement, Upbit will list the NEXO/USDT trading pair.

Nexo Launches Regulated Cryptocurrency Collateralized Lending Services in Australia

According to Cointelegraph, Nexo Australia announced the launch of a regulated crypto-backed credit line, allowing eligible users to pledge digital assets as collateral to borrow Australian dollars or stablecoins without selling their held crypto assets. The service typically disburses funds within 24 hours, supports flexible repayment, has no fixed terms or disbursement fees, and interest rates range from 0.9% to 21.9%.

Dormant Bitcoin Wallet Moves $3.2 Million in BTC After 15 Years

Odaily News – A long-dormant Bitcoin wallet moved nearly 50 BTC, worth approximately $3.2 million, on Thursday. The wallet received 49.97 BTC back in 2011, when Bitcoin was trading at around $10 per coin. The BTC was sent to a SegWit address that has previously transferred Bitcoin to institutional broker FalconX and received funds from wallets linked to Nexo and Prime Trust. The newly transferred BTC has not left this address. The transfer comes amid long-term holders rechecking their old storage setups following a major vulnerability exploit in Coldcard hardware wallets. There is currently no evidence linking the 2011 wallet to this vulnerability.

Nexo Completes EU MiCAR Compliance Overhaul, Partners with Two German Licensed Institutions to Serve the European Market

According to Bitcoin.com, digital asset wealth platform Nexo announced the completion of an upgrade to its European Economic Area (EEA) operational structure to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Nexo chose to partner with two entities regulated by the German Federal Financial Supervisory Authority (BaFin) rather than directly applying for a single MiCAR license: Tangany holds a MiCAR license and is responsible for providing segregated digital asset custody infrastructure; DLT Finance holds both MiCAR and MiFID II authorizations and is responsible for providing brokerage and execution infrastructure. Currently, all of Nexo's services in the EEA are operating seamlessly without any interruption.

ECB Signs Agreements with Three Standard-Setting Bodies to Reduce Digital Euro Access Costs

According to Cointelegraph, the European Central Bank (ECB) has signed agreements with the European Card Payment Cooperation, Nexo Standards, and the Berlin Group to reuse existing open payment standards for digital euro transactions—aiming to lower system integration costs for banks, merchants, and payment service providers. These standards cover contactless payments, merchant and payment service provider connectivity, and alias-based payments (e.g., using phone numbers). The ECB stated that this initiative will help reduce market adoption costs and foster a unified digital euro user experience across the euro area. Earlier, Reuters cited an ECB analysis estimating that the digital euro could cost EU banks approximately €4–6 billion over four years.