Nexo originated from a group of financial professionals and cryptocurrency aficionados aiming to introduce a financial service into the digital realm that has long thrived in traditional finance but was absent until now. In 2018, they introduced the Nexo platform, pioneering the concept of crypto credit lines worldwide. This innovation enabled holders of digital assets to secure loans in fiat currency and stablecoins using their cryptocurrencies as collateral, thereby establishing the foundation for the emerging crypto credit sector.
