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Nexo announced the availability of its corporate account for businesses and family offices, offering up to 16% annual interest on digital asset deposits along with institutional support and liquidity management tools.
Nexo has introduced a corporate account designed for businesses and family offices, allowing them to earn up to 16% annual interest on digital asset deposits. The offering includes institutional-level features such as flexible credit lines that enable liquidity access without selling assets, a Prime Brokerage service for large order execution, and custody described as institutional-grade.
Account holders can go through a streamlined three-step onboarding process, and those with portfolios over $100,000 may access Nexo's Private tier with additional services including dedicated relationship management and advanced over-the-counter (OTC) trading. According to Nexo, the company has been operational since 2018 and manages over $7 billion in assets.
Nexo is a cryptocurrency exchange and financial platform that combines custody, exchange, and lending within a single ecosystem. The platform supports a range of digital and fiat assets, providing features such as integrated digital wallets, flexible and fixed-term savings products, crypto-backed credit lines, and interoperability with fiat through SEPA transfers. Find a detailed overview of its features and regulatory status in the broker profile on Traders Union.
For context, our earlier news about Nexo covered the launch of their Channel Validator tool, which helps users confirm the legitimacy of Nexo's communication channels—a further step in the company’s ongoing commitment to user security and transparent operations.