Skip to content

$5,000 Minimum Limit: Nexo’s Wealthy Client Strategy

Crypto trading and lending platform Nexo is set to introduce a $5,000 minimum limit for its services. This change, effective in February, aligns with the firm’s 2025 growth strategy and recent rebranding. Nexo aims to cater to the mass affluent market, focusing on sustainable wealth solutions. The company has over $11 billion in assets under management, issued $8 billion in crypto credit, and paid out more than $1 billion in interest. Nexo survived the 2022-23 bear market and the collapse of many centralized crypto finance firms. It also received initial approval to operate as a licensed entity in Dubai in March of last year.

Source: www.coindesk.com

Related Links

Related Videos