Nexo releases prime brokerage digital assets platform
11 April 2022 UK
Image: AdobeStock/MQ-Illustrations
Nexo has released a prime brokerage platform that aims to provide investors with the tools needed to trade, lend, borrow and provide custody for their digital assets in a single solution.
Known as Nexo Prime, the platform aims to provide an integrated digital prime brokerage solution for institutional, corporate and private wealth clients on an around-the-clock basis.
Commenting on the service, Nexo co-founder and managing partner Kalin Metodiev says: “Institutional and corporate demand for digital assets has never been greater and the market for prime services could [grow] ten times over the next year.
“Clients entering the space demand a sophisticated all-in-one institutional-grade platform and that’s exactly what we provide them with Nexo Prime.”
Yasen Yankov, Nexo Prime vice president of development, says: “We’ve carefully built and incubated Nexo Prime over the past 18 months with a core client group and [will now] unveil the platform for the rest of the world to see. We are already a trusted partner to leading trading firms, hedge funds, family offices, and OTC desks.
“We provide our clients with access to deep diversified liquidity pools, lending to meet any need, offering the best prices in the market with efficient low latency execution. This offers an industry-leading custody solution in partnership with BitGo, Fireblocks, Ledger Vault and Fidelity Digital Assets, all combined with US$375 million in custodial insurance via Lloyd’s of London and Marsh & Arch.”
Known as Nexo Prime, the platform aims to provide an integrated digital prime brokerage solution for institutional, corporate and private wealth clients on an around-the-clock basis.
Commenting on the service, Nexo co-founder and managing partner Kalin Metodiev says: “Institutional and corporate demand for digital assets has never been greater and the market for prime services could [grow] ten times over the next year.
“Clients entering the space demand a sophisticated all-in-one institutional-grade platform and that’s exactly what we provide them with Nexo Prime.”
Yasen Yankov, Nexo Prime vice president of development, says: “We’ve carefully built and incubated Nexo Prime over the past 18 months with a core client group and [will now] unveil the platform for the rest of the world to see. We are already a trusted partner to leading trading firms, hedge funds, family offices, and OTC desks.
“We provide our clients with access to deep diversified liquidity pools, lending to meet any need, offering the best prices in the market with efficient low latency execution. This offers an industry-leading custody solution in partnership with BitGo, Fireblocks, Ledger Vault and Fidelity Digital Assets, all combined with US$375 million in custodial insurance via Lloyd’s of London and Marsh & Arch.”
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