Nexo partners BlockFills to bring Prime Brokerage services to crypto miners

Nexo partners BlockFills to bring Prime Brokerage services to crypto miners
фото показано с : coinjournal.net

2022-2-25 18:02

The collaboration allows for a syndicated lending solution, which will help Nexo reach a growing user base of crypto miners utilizing BlockFills’ technology. BlockFills on the other hand will benefit from the strategic access to Nexo Prime, a premium brokerage solution tailored to meet institutional investor needs.

Nexo and financial technology firm BlockFills have announced a strategic partnership that sees the regulated digital assets provider expand its brokerage services to crypto miners.

The announcement comes a few weeks after BlockFills secured $37 million in its Series funding, with Nexo as one of the investors.

Targeting BlockFills' miner-rich client base

The partnership will see Nexo leverage the end-to-end digital asset solutions offered by BlockFills to roll out crypto services targeted at cryptocurrency miners. The collaboration allows Nexo to avail syndicated lending services via BlockFills’ software-as-a-service (SaaS) platform Phoenix.

This allows Nexo to tap into a miner-rich client base at BlockFills, using its own advanced financial tools to benefit the crypto mining community. 

In addition to this, the partnership allows for the two firms, via Nexo Prime, to expand their business reach to institutional investors.

“Nexo’s collaboration with BlockFills is logical and synergistic,” said Tatiana Metodieva, the head of corporate finance and investments at Nexo.

 “Our service offerings, geographic coverage, and addressable user bases complement each other; thus, our joint work will be conducive to the growth of our respective business operations in the digital assets industry,” she added.

‘Reliable trading opportunities’

Nick Hammer, co-founder and CEO of BlockFills said that the partnership allows both companies to offer their respective clients “reliable trading opportunities.”

Nexo’s partnership with BlockFills is yet another growth opportunity for the company as it seeks to increase its presence in the decentralized finance (DeFi) and the metaverse.

The firm’s Instant Crypto Credit Lines facility allows users to efficiently handle their crypto tax obligations while maximizing the value and utility of their holdings.

Apart from that, Nexo offers a high-yield Earn Crypto Interest suite, instant exchange, and over-the-counter (OTC) trading.

Nexo serves over 3 million users from across 200 jurisdictions.

The post Nexo partners BlockFills to bring Prime Brokerage services to crypto miners appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Nexo (NEXO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.59
Капитализация $0 Rank 99999
Цена в час новости $ 1.9075 (-100%)

nexo crypto services brokerage miners partners prime

Источник: coinjournal.net

nexo crypto → Результатов: 93


New Bitcoin ATH Coming by the End of This Year, Big Downside Move Just a BTD Opportunity: Nexo Founder

Before the weekend could be here, the crypto market got a buy the dip opportunity as the price of Bitcoin went down to about $16,300 while ETH made it to $480. BTC recovered slightly to $17,265 Billions of dollars have been wiped out from the market as a result of this correction, which the market […] The post New Bitcoin ATH Coming by the End of This Year, Big Downside Move Just a BTD Opportunity: Nexo Founder first appeared on BitcoinExchangeGuide.

2020-11-27 05:27


NEXO Introduces 50% Interest Discount on Instant Crypto Credit Lines to Reduce Supply

NEXO will begin to execute a new improved policy of the 50% Interest Discount on its Instant Crypto Credit Lines, starting February 10th, announced the company on Wednesday. With the upgrade, the company says NEXO holders will see gains as “NEXO Token will experience a notable boost in its utility features.” To collect the whole 50% […]

2020-1-31 19:42


DeFi Lender Nexo Is Now Offering Instant Credit Lines for Bitcoin Cash (BCH)

Nexo is one of the most successful crypto lenders on the market and has developed the BCH lending service in collaboration with Bitcoin.com. By making BCH-backed loans available on their platform, it enables BCH holders to take loans against their assets instead of having to sell when needing liquidity. This increases the utility of the […]

2019-12-16 21:19


Nexo Tokens Could Make Dividends Sexy Again

Debts products and dividends-paying stocks hardly have the same sex appeal as surging equities, but Nexo could soon change that in the crypto landscape. Today’s negative interest rates, pressure on traditional equities, crypto volatility, and a prolonged bear market are playing into the hands of what is becoming one of crypto’s best bets: high interest […] The post Nexo Tokens Could Make Dividends Sexy Again appeared first on Crypto Briefing.

2019-9-10 23:17


Новости криптовалют сегодня, 4 августа 2019

Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. А по этой ссылке крипто новости вчерашнего для. CoinDesk Nexo представила крипто-кредитную карту, которая позволяет пользователям «тратить ценность своего крипто-актива, фактически не тратя его».

2019-8-5 09:15


дальше еще 44 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

IBC to Ethereum: Building the interconnected Internet of Blockchains

Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability.

Blockchain’s Disruptive Impact on Gaming

In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries.

 BloFin Whales’ View: After Halving

A loose liquidity environment and new narrative outbreaks are the main determinants of the bull market after the Bitcoin halving. The high-interest rate environment may last longer than expected but will not end the bull run.

Worldcoin open-sources revamped biometric data system

Worldcoin Foundation has introduced a new system using Secure Multi-Party Computation (SMPC) for biometric template protection, developed with cryptography engineers from TACEO. The advancement has allowed the foundation to securely delete the previous iris code system.

Tether CEO Paolo Ardoino teases potential Pear Phone powered by P2P apps

Paolo Ardoino, the Chief Executive Officer of Tether and co-founder of peer-to-peer platform Holepunch, recently hinted at plans to potentially develop a “Pear Phone” in the future. In an X post, Ardoino floated the idea of building an Android-compatible phone based on the Android Open Source Project (AOSP).