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Nalezeno "Nexo": 203

Nexo Launches Buyback Program, Commits Initial $12M


PRESS RELEASE. Nexo, the leading regulated digital financial institution with over $2 billion in assets under management, today announced the details of its buyback program. The company’s Board of Directors approved an initial repurchase of $12 million of its NEXO Token on an open-market...

Nexo To Launch New Services, Eyes Decentralization As It Aims To Become A Bank


Source: A video screenshot, Youtube/Nexo By the end of this year, major crypto lender Nexo (NEXO) aims to launch an internal exchange, while they're also working on prime brokerage and commercial banking capabilities as the company aims to become “a full-fledged bank,” Antoni Trenchev, Co-Founder...

Not Anymore, Mr. Buffett: Tokenization Marks a New Era for Gold


Interest-earning tokenized gold proves The Oracle of Omaha wrong about gold’s utility by Stella Zlatareva, Nexo Editorial Team Gold’s worthContinue Reading The post Not Anymore, Mr. Buffett: Tokenization Marks a New Era for Gold appeared first on CoinMarketCap Blog

Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market


Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets...

NEXO Turns Bearish; Drops by 36% at the Onset of the Month


Nexo, one of the volatile cryptos in itself, is ranked amongst the top 150 assets of the global market and is backed by underlying assets of Nexo’s loan portfolio. The price drops after a marking a YTD high at $0.246, while confirming a bearish crossover, NEXO/USD turns below $0.20 and even below...

Tether


Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether...

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