What is NEXO

1. Project Introduction
Nexo is a leading digital asset wealth management platform designed to help users grow, manage, and preserve their crypto holdings. With a focus on long-term value creation, the platform provides tailored financial solutions supported by 24/7 customer service—ushering in a new era of wealth generation.
Summary:
Founded in 2018, Nexo is a decentralized lending protocol built on blockchain technology, delivering a full suite of professional financial products for the digital asset economy. Its ecosystem caters to traders of all types, facilitating the buying, selling, trading, and lending of crypto assets. The platform stands out for its innovative approach to solving inefficiencies in the lending market through blockchain-based solutions.
2. Team & Investment Info
Founded by a team of seasoned financial professionals, including:
Kosta Kantchev (Co-Founder & Executive Chairman)
Antoni Trenchev (Co-Founder & Managing Partner)
Kalin Metodiev, CFA (Co-Founder & Managing Partner)
Trenchev is a frequent guest on major fintech and crypto media outlets, including Bloomberg, CNBC, and Yahoo Finance.
Funding:
April 2018: Raised $52.5 million through a private token sale (ICO).
3. Social Media URLs
X: https://x.com/Nexo
Telegram: NA
Discord: NA
4. Token Info
Token Symbol: NEXO
Total Supply: 1,000,000,000
Token Type: ERC
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206
Token Distribution:
No publicly available information on token distribution or vesting schedules.
5. Related Links
Official Website: https://nexo.com/
White Paper: https://support.nexo.com/article/what-is-nexo
Other Info: https://nexo.com/blog