Nexo

Latest Nexo news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Nexo

Tech

Why $4M Dai Made From WBTC Matters for DeFi's Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

By William FoxleyMay 20, 2020

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Finance

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.

By Nate DiCamilloMar 13, 2020

PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)

Markets

Nexo Launches a Debit Card That Lets You Not Spend Your Crypto

Arrington XRP Capital-backed financial startup Nexo unveiled a crypto card that lets users “spend the value of their crypto without actually spending it."

By Daniel KuhnAug 2, 2019

IMG_3894

Markets

Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform

A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.

By Nikhilesh DeApr 30, 2018

nexo
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Latest Crypto News

Today
11:21 AM
Positive
From 'what' to 'how': Robinhood and Bitstamp say banks are ready to build on-chain
Executives from Ondo, Robinhood and Babylon Labs said at Consensus Miami 2026 that banks and traditional finance firms are embracing crypto infrastructure, though institutional adoption remains constrained.
11:05 AM
Positive
BTC0.00%
+1 Asset
Multicoin goes big on zcash as privacy trade returns
The purchase marks a shift from Multicoin’s 2019 view, as ZEC has surged over 1,500% in the last year.
10:25 AM
Positive
BTC0.00%
+5 Assets
Bitcoin moves above $82,000 while ZEC and DASH post double-digit rallies
BTC climbed above $82,00 as a weaker dollar lifted crypto markets, while privacy coins and AI-linked tokens led an altcoin rally.

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