Why This Company Is Providing Financial Services for the Blockchain Space

Thoughts expressed by Entrepreneur contributors are their possess.

Antoni Trenchev sits at the intersection of DeFi and banking. As the co-founder and handling associate of Nexo, he’s focused to providing economic companies for the blockchain house. “My co-founder, who originally arrived up with the thought, was into Bitcoin very early on. He was sitting down on some paper gains and needed to borrow in opposition to his Bitcoin to get even more Bitcoin. It was a fantastic trade simply because Bitcoin was buying and selling at, I imagine all over $200, and we all know what took place afterward. It was a wonderful strategy, but regrettably, nobody financed it, so we received jointly with a bunch of people today and we arrived up with the strategy of Nexo and this idea that financial solutions want to be in put for this house to grow,” he described. 

He sat down with Jessica Abo to talk about how Nexo expanded from a lending services to a 360-degree fiscal administration system why he believes traditional banking methods and the courageous new earth of crypto will coexist and his advice for any individual searching to get into crypto.

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