Nexo - FinTecBuzz

Nexo Introduces In-app Cryptocurrency Exchange Service

February 2, 20215 min

Nexo, the leading regulated financial institution for digital assets with over $4 billion in assets under management, today announced the launch of its in-app Nexo Exchange. With this proprietary swap solution, Nexo further diversifies its offering, edging closer to providing a full retail banking suite. The Nexo Exchange allows immediate, no-limits conversion between more than 75 crypto and fiat currency pairs directly within the Nexo mobile application, guaranteeing best-price swaps thanks to its ‘Smart Routing’...

by BusinessWire

Banking

Nexo Purchases $5M in PAX Gold (PAXG) as BitGo Adds Support for Paxos’ Gold Token

December 16, 20198 min

Nexo, a leading crypto banking institution, has purchased $5 million worth of PAX Gold, thus meeting the public’s need for tokenized gold lending and borrowing services. Nexo’s purchase of $5M in PAX Gold increased PAXG’s market cap to over $11M, over twice the size of the next biggest digital gold token By investing in PAXG, Nexo is addressing the global need for crypto banking services that support digitized gold PAXG is now supported by BitGo,...