The foremost organization for digital assets is Nexo. The company's goal is to increase the value and usefulness of digital assets by providing a full range of products, including sophisticated trading solutions for retail and institutional clients, the gathering of liquidity from top venues, and asset-backed credit lines that are tax-efficient. The company's investment arm Nexo Ventures, which today has over 60 portfolio businesses, was first introduced in early 2022. For more than 5,000,000 happy users in more than 200 countries, Nexo has handled more than $130 billion.
The platform's native currency, the NEXO Token, is an ERC-20 Ethereum-based token that entitles owners to membership tiers in Nexo's Loyalty Program. The publicly traded cryptocurrency offers a variety of benefits, such as preferred borrowing rates, cash-back, free withdrawals, and higher yield rates.
The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits.
NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform.
Above are only for introduction, not intended as investment advice.