Nexo - KaveriBridge/crypto GitHub Wiki

About

• Blockchain-based lending platform
• Instant cryptocurrency-backed loans

Company

• HQ: London, UK
• Funding: $52.5M
• Key people : Kosta Kantchev, Antoni Trenchev, Vasil Petrov
• Founded: 2017

NEXO token

• Native token of Nexo
• Total limit: 1 billion tokens
• Value: $0.50 (Dec 20), 3.78 (May 21)
• Benefits - Discounts on interest accumulated on loans, higher interest payments
• Benefits - 30% of Nexo profits as dividends to NEXO token holders

Nexo Card

• Lets you spend the value of your crypto without having to sell it

See also

• [Celsius Network]] ](/KaveriBridge/crypto/wiki/[[-BlockFi)