Nexo returned the US this week. For context, in 2022 they were forced out by Gary Gensler’s SEC which make it impossible to operate
They paid $45m in settlements and watched BlockFi, Celsius, and Voyager all go bankrupt around them. 3 years later, every crypto lender that tried to fight the SEC is now dead. Nexo survived by walking away, kept building in over 150 countries, grew to $11 billion in assets under management, and came back when the environment changed. They are currently the second biggest lender. You can borrow against crypto instead of selling, earn yield while you hold, and access liquidity without triggering a tax event. This concept isn’t anything new btw it’s the same way wealthy people use traditional assets. #nexopartner @nexousa
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Nexo returned the US this week. For context, in 2022 they were forced out by Gary Gensler’s SEC which make it impossible to operate
They paid $45m in settlements and watched BlockFi, Celsius, and Voyager all go bankrupt around them.
3 years later, every crypto lender that tried to fight the SEC is now dead. Nexo survived by walking away, kept building in over 150 countries, grew to $11 billion in assets under management, and came back when the environment changed.
They are currently the second biggest lender.
You can borrow against crypto instead of selling, earn yield while you hold, and access liquidity without triggering a tax event.
This concept isn’t anything new btw it’s the same way wealthy people use traditional assets.
#nexopartner @nexousa