Who owns Nexo?
Is Nexo a licensed bank?
No — it is licensed as a crypto / VASP service, not a bank. Licence detail: EU VASP registrations; MiCA CASP application pending; EEA served via MiCA-licensed Tangany + DLT Finance.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Nexo yet. Know one? Suggest it.
Who's behind Nexo?
Nexo was founded by Antoni Trenchev, Kosta Kantchev (2018), headquartered in Zug, CH.
Is my money safe with Nexo?
Nexo is not a bank, so deposit-guarantee schemes do not apply. Crypto and cash balances are handled under its VASP/e-money obligations — check its terms for exactly how client assets are segregated and safeguarded.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.