What Is Nexo and How Do Crypto Loans Work?
There’s been a lot of talk about how cryptocurrency has the ability to compete with institutions through democratization, but there’s been minimal focus on its actual capabilities. You’ve probably heard plenty of discussions about how crypto offers financial services to the unbanked population or how it makes it easier for people to connect with lenders and investors. But how? If you’re tired of listening to the same conversations, there’s a platform you might be interested in called Nexo. Nexo is a blockchain-based loan system developed by Credissimo, a FinTech company based in Malta. It’s the world’s first instant crypto loan…