A 2025 full of novelties for the European company aiming for a global expansion, including in the USA.
Nexo, a prominent digital assets platform, has unveiled its ambitious 2025 roadmap after a successful 2024, as learned by Finbold on Wednesday, January 15.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.
Nexo, a leading digital asset platform, has announced the launch of its AI-powered daily news feed, aiming to revolutionize how users stay informed about the cryptocurrency market. This latest innovation underscores Nexo's ongoing efforts to integrate advanced artificial intelligence (AI) into its services, offering users enhanced tools for wealth management and risk assessment.
Nexo and 7RCC Global are pioneering a novel approach in the investment sphere by introducing an ESG-centric Bitcoin exchange-traded fund (ETF).
Nexo 7RCC ETF combines 80% Bitcoin and 20% carbon credit futures. SEC approval for the 19b-4 filing has been granted, and launch is imminent.
The contribution goes to one of the main non-profit organizations that funds the development of Bitcoin Core.
After months of consolidation, CHZ may be ready for a significant price breakout.
Nike-owned RTFKT is winding down and Chiliz CEO Alexandre Dreyfus expressed the platform's intentions to bid on RTFKT's assets.
Another altcoin season is about to dawn on the cryptocurrency market when rival cryptocurrencies outperform established coins and draw investor attention. A small number of cryptocurrencies are likely to lead the next market explosion as blockchain technology develops and popular acceptance rises.
Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling efficient multi-currency management within a single platform.
Nexo has introduced Personal USD Accounts, enabling clients in over 150 countries to manage U.S. dollar transfers directly through accounts registered in their names.
Story Highlights The live price of the Chiliz token is . Chiliz price could soar to a maximum of $0.15 by the end of 2024. CHZ price with a potential surge could go as high as $2.67 by the end of 2030.
Nexo's transformation highlights the growing convergence of traditional finance and digital assets, setting a new standard for wealth management. The post Nexo evolves into a premier digital assets wealth platform appeared first on Crypto Briefing.
The Nexo app is an innovative platform that combines the functionalities of centralized finance (CeFi) and decentralized finance (DeFi), allowing users to manage, trade, and earn interest on their crypto.
A new look: from the logo, website, and improved user interface.
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.
Nexo, a leading digital asset institution, has announced a major rebrand, transitioning from a crypto lender to an all-encompassing digital asset wealth platform, as revealed to Finbold on Wednesday, October 31.
The company said its visual overhaul, including a website refresh, is meant to strike a more sophisticated tone with investors.
Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.
Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.
Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.
While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.
Socios.com secures Malta's in-principle approval for a class 3 crypto license.
A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
Chiliz (CHZ) has recently showcased a remarkable resurgence, adding over 10% to its price and securing its spot as the top gainer among the top 100 cryptocurrencies. As the cryptocurrency market experiences rising volatility, many are left wondering if CHZ can sustain this momentum and potentially reach its yearly high of $0.170 in the upcoming quarter.
The mix of signals from the data from the past 24 hours showed that the short-term bias was bearish.
CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, is witnessing a strong surge following crypto exchange Binance announcing support for the airdrop of the PEPPER crypto token with some exciting rewards to Chiliz holders. As a result, the Chiliz price has shot up by 13% moving all the way to $0.07227 with its
It's an airdrop season! Before any airdrop, the platform receives huge attention as the traders jump in to accumulate at discounted prices. A similar trend has been observed as yet another airdrop is making huge rounds within the markets. Chiliz, which displayed a remarkable rise from $0.01 to as high as $0.
After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.
Binance has hinted at the support for the Pepper airdrop for Chiliz holders.
Chiliz, the largest blockchain network for sports and entertainment, surged to its highest point in three months. The Chiliz (CHZ) token broke a crucial resistance, reaching an intraday high of $0.072, its highest level since July 22.
The Chiliz blockchain is aiming to become "the sports blockchain," its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.
Binance will apply a new “risk warning” banner and pop-up notification to several tokens on its platform, the exchange announced on Oct. 1.
Latin America (LATAM) continues to assert its growing importance in the global crypto ecosystem. In Colombia, Nexo has joined the Fintech Association, marking a significant step in its regional expansion.
Chiliz established a new subsidiary to fruitfully expand the blockchain's infrastructure into mainstream sports.
The new independent division promotes synergies and business opportunities.
The inaugural program will be a training course that will begin in October 2024.
MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2.4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.
Story Highlights The live price of the eCash token is . The XEC price is expected to reach a high of $0.0000630 in 2024. The eCash price is trading at a discount of 94.75% from its ATH. The crypto network “eCash” markets itself as “wealth reinvented.
Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines.
Nexo resumes UK operations following a ten-month suspension, enhanced by FCA-compliant upgrades. The UK's shifting political landscape and stricter crypto regulations have led several firms to adapt to the market.
Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United Kingdom starting September 3, 2024, after a 10-month pause in the onboarding process. The move comes after Nexo implemented platform upgrades to comply with the FCA guidelines.
The platform stopped onboarding new clients last year, days before the regulator's new financial promotions rules became effective. It has now introduced the mandatory Investor Categorisation questionnaire and Appropriateness Assessment questionnaire for all users.
Changes include cool-off periods, specialized risk warnings and dedicated support to help UK clients navigate the FCA's guidelines.