NEXO to Sponsor the Money20/20 Conference in Amsterdam

The annual fintech gathering is expected to examine developments in payments, banking technology and digital assets.

Crypto lender Nexo is set to sponsor the Money20/20 conference in Amsterdam, kicking off on June 3.

The annual fintech gathering will be examining developments in payments, banking technology and digital assets.

Nexo is a prominent digital assets institution focused on maximizing the value and utility of digital assets. The firm offers a range of products including advanced trading solutions, liquidity aggregation from top venues and tax-efficient asset-backed credit lines.

Its Instant Crypto Credit Lines enable users to obtain loans in fiat or stablecoins using digital assets as collateral, supporting over 60 types of cryptocurrencies. Additionally, Nexo provides products like Earn Interest, which delivers daily payouts and compounding interest with flexible yields, and Nexo Pro, a trading platform offering access to over 400 market pairs and features such as Smart Order Routing for deep liquidity.

The Nexo Card, developed in partnership with Mastercard, is a crypto-backed credit card that empowers clients to spend their crypto’s fiat value without selling the assets.

The NEXO Token, an ERC-20 token, serves as the platform’s native currency and is a key part of Nexo’s Loyalty Program, providing token holders with benefits like preferential borrowing rates, cash-back, free withdrawals, and enhanced yield rates. The token’s market presence is established through open market trading, further boosting its utility and value within the Nexo ecosystem.