Nexo Launches Digital Asset Prime Brokerage Unit: Nexo Prime
LONDON, April 6, 2022 – Nexo, a leading institution for digital assets, today announced the launch of Nexo Prime, a proprietary prime brokerage platform for institutional, corporate, and high-net-worth investors that gives investors all the tools necessary to trade, borrow, lend, and securely store their digital assets in a single product. Nexo Prime is created for a market that never sleeps and offers best-in-class, around-the-clock service to clients across the globe.
“Institutional and corporate demand for digital assets has never been greater, and the market for prime services could 10x over the next year,” said Kalin Metodiev, CFA, Nexo Co-Founder and Managing Partner. “Clients entering the space demand a sophisticated, all-in-one, institutional-grade platform, and that’s exactly what we provide them with Nexo Prime.”
“We’ve carefully built out and incubated Nexo Prime over the past 18 months with a core client group, and we’re excited to unveil the platform for the rest of the world to see,” said Yasen Yankov, Vice President of Development, Nexo Prime. “We are today, already a trusted partner to leading trading firms, hedge funds, family offices, and OTC desks. We provide our clients with access to deep, diversified liquidity pools; lending to meet any need; the best prices in the market; efficient, low-latency execution; and an industry-leading custody solution in partnership with Fireblocks, Ledger Vault, and Fidelity Digital Assets, all combined with $ million in custodial insurance via Lloyd’s of London and Marsh & Arch.”
Solutions:
Trading
Nexo Prime’s best-in-class infrastructure helps execute large orders smoothly and reliably, with competitive trading fees.
- Get cost-effective execution with Nexo’s Smart Routing System.
- Access diversified liquidity, aggregated from the world’s leading exchanges, liquidity providers, and select market makers.
- Trade directly through API calls, or use our intuitive trading user interface.
- Have access to Nexo’s 24/7 OTC desk for high-touch executions of spot and derivatives instruments.
- Access all financial needs - trading, borrowing and lending - with a single institution.
- Complete the client onboarding process with Nexo once and get access to the broader crypto marketplace through a unified interface.
Custody
Nexo Prime’s framework combines industry-leading solutions from the best in the business: BitGo, Fireblocks, Ledger Vault, and Fidelity Digital Assets.
- All digital assets are stored in military-grade Class III vaults.
- Have access to funds at all times for trading.
Lending
Nexo Prime’s market-leading crypto lending platform is built to provide clients with liquidity on demand, whether it’s needed for margin trading or an OTC loan.
- Get access to institutional financing options for cryptocurrencies and stablecoins.
- Scale trading strategies while preserving the value of crypto assets.
- Add extra leverage to a portfolio by borrowing at the best market rates.
- All collateral loans have flexible duration and are powered by a deep, diversified liquidity pool.
A video overview of the Nexo Prime platform is available here. Visit nexo.com/prime to learn more, schedule a demo, or onboard today.
About Nexo Prime
Nexo Prime is the proprietary prime brokerage platform of Nexo, the world’s leading digital assets institution. Nexo Prime gives institutional, corporate, and high-net worth investors all the tools necessary to trade, borrow, lend, and store their digital assets in a single product. Nexo Prime is created for a market that never sleeps and offers best-in-class, around-the-clock service to clients across the globe. Visit nexo.io/prime to learn more.
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. In 2022, the enterprise launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Since its inception in 2018, Nexo has processed $130+ billion for 7,000,000+ satisfied users across more than 200 jurisdictions. For more details, visit: nexo.com.
-350x197.jpg)
