NEXO

Nexo (NEXO) is the native token of the Nexo platform, a digital asset wealth service that operates in more than 200 jurisdictions. The platform has been active since 2018 and describes its mission as helping clients manage and preserve their crypto holdings, with round-the-clock client support.

The platform's product range covers savings accounts with flexible and fixed-term options, loans backed by crypto collateral, a credit line, an exchange for swapping more than 100 digital assets, and a crypto debit and credit card. Accounts above $100,000 are offered a dedicated relationship manager.

The NEXO token gives holders entry to the Nexo Loyalty Program. Within that program, membership is tied to lower borrowing rates, crypto cashback on card use and exchange activity, and improved terms on savings.