Nexo

Puerto RicoCryptoFounded 2018

Nexo is a digital asset platform that provides crypto-backed lending, savings, and trading services. It allows users to buy and sell over 100 digital assets, earn interest on their holdings through flexible and fixed-term savings products, borrow funds against their crypto without selling it, and spend via a Nexo Card. The company targets both individual and institutional clients, offering corporate accounts, prime brokerage, white-label solutions, and a venture arm. Nexo is headquartered in Puerto Rico and has re-entered the U.S. market in 2025 with high-profile endorsements, while also operating globally. Its business model is based on interest spreads, borrowing fees, and loyalty program tiers that unlock higher savings rates and lower borrowing rates for users.

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