Nexo is powered by A Leading FinTech Group serving millions of people across Europe for over 10 years.
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Advised by the Founder of TechCrunch and XRP Capital Michael Arrington and the Founder & CEO of Polymath -
NEXO Tokens are the world’s first SEC-compliant dividend-paying asset-backed security token with utility features. NEXO Tokens are backed by the Overdraft assets portfolio and you receive dividends from NEXO profits while you are hodl-ing NEXO tokens. The NEXO token also has great utility features:
1) you can use NEXO tokens to make Overdraft repayments at discount on the interest;
2) you can use NEXO tokens in your Overdraft Wallet to increase your Overdraft Limit, again at discount on the interest.