Nexo is a cryptocurrency-based platform for loans. The Nexo crypto platform provides an opportunity for both becoming a lender and a debtor on a crypto loan. The project was developed by a FinTech company called Credissimo. Nexo uses the custodian services of BitGo, a blockchain development company that has a Securities and Exchange Commission (SEC) approval. Nexo token is an ERC20-based digital asset that provides special privileges for its users when working with the Nexo platform. Still, other cryptocurrency assets can also be used and exchanged freely on the platform. Nexo token was also used for the Nexo ICO and airdrop campaigns. 

Nexo ICO raised more than 52 million USD for platform development, considered a positive evaluation of its potential. Check out the latest Nexo price, the NEXO price charts for various time periods and all relevant metrics on Coin360.com.


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