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More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
27.9.2022
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation...
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
26.9.2022
Crypto Lender Nexo Introduces Spot and Margin Trading Platform
7.9.2022
Cryptocurrency lender Nexo has launched a trading platform that features spot, futures and margin trading for retail customers
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
30.8.2022
Cryptocurrency lending platform Nexo has allocated an additional $50 million to its token buyback initiative
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
17.8.2022
Cryptocurrency lender Nexo is taking legal action against its former director, Georgi Shulev, on claims that he failed to keep his side of a settlement agreement
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
6.7.2022
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...
Crypto Lender Nexo Hires Citigroup to Advise It on Acquisitions
22.6.2022
Crypto lending platform Nexo is in talks with Citigroup as it plans to swoop in and acquire rival platforms
Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions
23.3.2022
Cryptocurrency lender Nexo announced a venture arm with $150 million to invest in Web 3 projects and acquisitions
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
21.2.2022
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on...
Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
17.12.2021
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that...
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
19.10.2021
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James' office
Crypto Lender Nexo Enters Prime Broker Race, Enlists Chainlink for Audits
8.7.2020
Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations