Nexo, the leading regulated institution for digital assets, has introduced Nexo Prime, a unique prime brokerage platform. The new brokerage operation is targeted at institutional, corporate, and high-net-worth clients.
Nexo Prime will provide traders with all of the tools customers need to trade, borrow, lend, and safely store their digital assets in a single product. It will complement Nexo’s current market-leading retail platform.
Kalin Metodiev, Nexo’s co-founder, cited rising demand for digital assets from corporate and institutional investors.
Metodiev said:
“Demand for digital assets from institutions and corporations has never been higher, and the market for premium services might more than double in the next year. Clients entering the market want a sophisticated, all-in-one, institutional-grade platform, which Nexo Prime provides.”
Nexo Prime’s vice president of development, Yasen Yankov, said:
“Over the last 18 months, we’ve carefully built up and incubated Nexo Prime with a core client group, and we’re pleased to reveal the platform to the rest of the globe. We are already a reliable partner for prominent trading businesses, hedge funds, family offices, and OTC desks. We offer our clients access to deep, diverse liquidity pools; lending to meet any need; the best market prices; efficient, low-latency execution; and an industry-leading custody solution in collaboration with BitGo, Fireblocks, Ledger Vault, and Fidelity Digital Assets, all backed by $375 million in custodial insurance through Lloyd’s of London and Marsh & Arch.”
