About
Nexo is a leading regulated digital assets institution that bridges the gap between traditional finance and the cryptocurrency world. Launched in 2018 by a team of finance professionals, the platform specializes in providing instant crypto-backed credit lines and high-yield interest-bearing accounts. Nexo’s primary mission is to unlock the value of idle digital assets, allowing users to borrow against their holdings in over 40 fiat currencies or stablecoins without having to sell their crypto and trigger taxable events.
The NEXO token is a utility asset that serves as the backbone of the platform's loyalty program and incentive structure. Holders of the token benefit from a tiered loyalty system (Base, Silver, Gold, and Platinum) based on the percentage of NEXO held in their total portfolio. These benefits include significantly lower borrowing rates (as low as 2.9% for Platinum members), higher interest yields on deposits (up to 16% APY on certain assets), and free monthly withdrawals. While it originally launched as a dividend-paying asset, the token transitioned in 2021 to a daily interest-paying model following a governance vote.
Technically, Nexo operates with an emphasis on institutional-grade security and regulatory compliance. The platform utilizes Fireblocks for secure custody and maintains insurance coverage for its digital assets. In early 2026, Nexo continued its expansion by integrating advanced AI-driven risk management tools and enhancing its "Nexo Card," which features a unique dual-mode functionality allowing users to toggle between Debit and Credit modes instantly. This allows users to either spend their balance or borrow against their collateral at millions of merchants worldwide.
The project maintains a transparent economic model through its "Nexonomics" initiative, which involves regular token buyback programs to support market stability and reduce effective circulating supply. As the ecosystem matures, Nexo has diversified into venture capital through Nexo Ventures and expanded its trading capabilities with Nexo Pro, a professional-grade exchange interface. By focusing on a "wealth platform" approach, Nexo aims to provide a comprehensive suite of tools for the long-term accumulation and management of digital wealth.
