One Company, Two Years, Endless Success Stories
Apr 29, 2020•2 min read
We founded Nexо driven by our firm belief that Bitcoin’s and blockchain’s potential for positive disruption manifests itself by bringing people financial sovereignty, helping them build better businesses, and ultimately pushing the improvement of the global economy.
Two years and 700,000+ users later, we can confidently say that we are on the fast track to achieving this vision. In two years, Nexo has evolved into one of the biggest players in the crypto industry and beyond, with our growth curve progressively steeper and steeper — in the last year alone, we have seen our registration volume grow by more than half a million. These are endless success stories for the crypto world that we have helped facilitate.
Here are but a few of our achievements over the past 12 months, the benefits of which we have passed onto our customers:
- We processed $2+ billion in transactions with 94% customer satisfaction.
- We cut the rates for our signature Instant Crypto Credit Lines™ to only 5.9% APR.
- We integrated 5 new collateral options for Nexo’s credit lines: Litecoin (LTC), Stellar (XLM), PAX Gold (PAXG), Bitcoin Cash (BCH), EOS (EOS).
- We operated in 40+ fiat currencies across 200 jurisdictions.
- We implemented #ZeroFees, removing all withdrawal fees for Nexo platform transactions and covering blockchain network fees.
- The NEXO Token began trading on the Binance chain.
- We airdropped more than 500,000 NEXO Tokens in giveaways to our loyal community.
- We were featured in 80+ premium media outlets, including Bloomberg and CNBC.
Our groundbreaking success rests not only on the value our customers get out of Nexo’s products, but on our shared vision of an efficient blockchain-based digital economy.
The entire Nexo Team is proud that so many members of the community have entrusted us to lead the way towards this common goal and we are personally grateful to each and every one of you for it. Our achievements would not have been possible without your support.
As Nexo steps into its third year, we are incredibly excited to continue providing you with even more value and innovative services and to keep amplifying the inclusivity and wealth-creation opportunities in the blockchain space and beyond.