Securities Finance Industry News | Nexo releases Prime brokerage platform for digital assets

Nexo has released a prime brokerage platform that aims to provide investors with the tools needed to trade, lend, borrow and store their digital assets in a single solution.

Known as Nexo Prime, the platform aims to provide an integrated 24/7 digital prime brokerage solution for institutional, corporate and retail clients.

Kalin Metodiev, co-founder and managing partner of Nexo, comments on the service: “The demand from institutions and companies for digital assets has never been greater and the market for first-class services could as well [grow] ten times in the next year.

“Clients entering the market demand a sophisticated all-in-one institutional-level platform, and that’s exactly what we’re offering them with Nexo Prime.”

Yasen Yankov, Vice President of Development at Nexo Prime, says: “We have carefully built and incubated Nexo Prime over the past 18 months with a core customer group [will now] unveil the platform to the rest of the world. We are already a trusted partner of leading trading firms, hedge funds, family offices and OTC desks.

“We offer our customers access to highly diversified liquidity pools, originate credit for every need and offer the best prices in the market with efficient, low-latency execution. This provides an industry-leading custody solution in partnership with BitGo, Fireblocks, Ledger Vault and Fidelity Digital Assets, all combined with $375 million in custody insurance through Lloyd’s of London and Marsh & Arch.”

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers