Nexo

Nexo is a digital asset platform that handles buying, selling and converting cryptocurrency, with BTC, ETH and USDC among the listed assets. Availability of a given fiat-to-crypto route depends on the customer's country and on verification.

Nexo Prime for institutions

The institutional line, Nexo Prime, offers OTC borrowing and lending, institutional credit lines and prime brokerage, with flexible settlement. The company names payment providers explicitly as a target group, pointing to on-demand liquidity and conversion of fiat funds into digital assets. Other stated client types are crypto exchanges, broker-dealers and trading desks.

Background

Nexo states that it was founded in 2018. For a payment business, the relevant questions are credit limits, collateral requirements, settlement timing and the jurisdictions in which the prime desk operates. These are agreed individually, so they should be confirmed with the company before any integration or funding plan is built around the service.