Nexo Dividend Date Scheduled for August 15, 2020, as Profits Set to Exceed Expectations

London, July 1, 2020 — Nexo, a leading digital assets institution, today announced that the third Nexo Dividend will be paid out to eligible NEXO Token Holders on August 15, 2020. The payout amount, to be communicated on the August 5, 2020 ex-dividend date, will reflect the company’s growing profitability.

“Our operations have remained as strong as ever, with profits marking constant growth despite the temporary pandemic-induced downturn,” said Antoni Trenchev, Co-founder and Managing Partner of Nexo.

“The steady stream of asset integrations and launches, including our Earn on Crypto product suite only last week, underscores our confidence in the sustainability of Nexo’s business model. Distributing our third dividend is the icing on the cake after both an exciting and turbulent few months, and reflects our commitment to rewarding NEXO Token Holders, our greatest supporters, for their trust and ownership.” 

Nexo periodically and proportionately distributes 30% of its profits to NEXO Token Holders, with the previous dividend payout — of US$2,409,575 — distributed on August 15, 2019. A first, interim dividend of US$912,071 was paid out on December 15, 2018.

About Nexo

Nexo is a leading digital assets institution. Committed to enhancing the value and utility of digital assets, the company offers a comprehensive suite of services including advanced trading solutions, liquidity aggregation from top trading venues, and flexible asset-backed credit lines. Since its inception in 2018, Nexo has processed $130+ billion for 7,000,000+ satisfied users across more than 200 jurisdictions.