Dispatch #216: A new era for your crypto wealth
Nov 01•4 min read
In this patch of your weekly Dispatch:
- Nexo’s new identity
- Satoshi’s White paper anniversary
- Bitcoin’s Uptober rally
The big idea
Evolution is the only constant
Sixteen years after the release of Bitcoin’s White paper, the cryptocurrency space has evolved in ways early enthusiasts could hardly have imagined. What began as an experiment in digitizing personal finance has grown into a thriving ecosystem worth over $2.3 trillion, with thousands of protocols serving millions of users worldwide.
Nexo’s team has been an active participant in this ecosystem well before 2018, working to support and nurture a landscape that continues to evolve. For us, evolution is the only constant, and this Bitcoin White paper Day marks a leap as we adapt to meet the needs of today’s sophisticated crypto holders.
Yesterday, we announced our new visual identity and revamped Nexo platform – with a new logo, website, and enhanced user interface, it’s a new Nexo experience across every touchpoint. Why rebrand though? Because we’ve evolved from a crypto lending pioneer to the first comprehensive and compliant digital assets wealth platform.
This milestone comes after 20 months of research in collaboration with our clients. The study showed that the digital asset users of today are better prepared, more informed, and increasingly discerning. This evident shift has inspired us to reshape Nexo and reflects our growth and broader strategic vision dubbed “Driving the next generation of wealth.” In other words, it’s about empowering forward-thinking investors like you – who recognize the power of cryptocurrencies to create long-term value – to grow, preserve, and utilize your wealth.
Of course, none of what you love about Nexo is lost; all of our innovative products and tried-and-tested tools will continue to facilitate your crypto use while you get dedicated 24/7 client care.
Now, however, our vision is sharpened toward the next generation of wealth – crypto adopters like yourself. Here’s to many more years in crypto and continued success stories.
As we celebrate Bitcoin White paper Day and the industry honors digital currency’s legacy, Nexo’s evolution serves as a reminder: crypto’s future is about more than just assets – it’s about building lasting wealth. We’re just getting started, and we’re honored to have you with us on this journey.
Explore Now
The latest in…
Cheers to 16 years, Bitcoin!
October 31 marked 16 years since Bitcoin's White paper release, a turning point that continues to reshape finance. This anniversary comes with Bitcoin trading near record highs, around $70,000 – a monumental 1.1 million-fold increase since its early days. The recent rally is fueled by the institutional and individual investors tandem, with BlackRock’s iShares Bitcoin Trust (IBIT) in the lead, now boasting over $30 billion in assets to become the fastest growing ETF.
Despite quieter trading volumes around $2.6 billion, Bitcoin saw an 8% rise last week, reflecting steady, non-panicked buying. Analysts at K33 Research view this as a sign of healthy market buildup, supported by stable funding rates at 10.83%, hinting at a maturing investment outlook. Cheers to Bitcoin's age of maturity!
The latest in…
The logic in Nexo’s evolution
We hope you find our new logo and refreshed outlook attractive, but they represent more than just a vision from Nexo’s design team for a digital assets wealth platform – they’re backed by solid research conducted over the last few years. Our recent survey of high-net-worth individuals (HNWIs) reveals a clear preference for long-term investment strategies of three years or more (check this week’s data story below), highlighting a strong demand for these offerings on Nexo. This new vision aims to resonate better with our user base of demanding crypto adopters, ensuring that Nexo is perfectly positioned to meet their evolving needs.
The latest in…
Putting on the white gloves
Cryptocurrency holders will be spoiled with the revamped Nexo Private, a tailored service designed to elevate experiences on our digital assets wealth platform. This premium offering features dedicated relationship managers who guide clients through Nexo’s extensive range of products and services, ensuring an unparalleled level of personalized support. Here’s what awaits you:
Personalized wealth guidance: Clients receive expert insights tailored to their financial goals, enabling customized wealth-building strategies.
Advanced trading and execution: The service includes access to Nexo’s institutional-grade OTC infrastructure for seamless high-volume order execution, utilizing TWAP algorithmic tools to minimize market impact.
Exclusive solutions: Nexo Private offers unique lending and yield options, including Dual Currency and flexible loan terms, giving clients the freedom to optimize their investment strategies.
The Week’s Most Interesting Data Story
The needs of a modern investor
Nexo's long-term commitment to the cryptocurrency space aligns almost perfectly with the needs of our modern user-base. Recent research reveals that 67.9% of active crypto users surveyed prefer long-term investment strategies, underscoring a demand for solutions that foster sustained growth. Additionally, 73% of global crypto transactions come from high-income individuals earning over $75,000 annually, highlighting a discerning investor class.
Hot Topics
What the Community Is Discussing
How do you like Nexo’s evolution?
After years of searching, we've finally found Satoshi —only to discover he disappears!
The paper that changed it all.
What to Watch for Next Week:
- New Dispatch format! Check your inbox on Tuesday
- A new record for spot ETF inflows?
- Will ETH lead an altcoin rally?
Dispatch is evolving too! Get ready for a fresh, weekly Tuesday edition with a bold new design, sharp insights, and the same expert commentary and clever humor you love.