Nexo was established by a group of financial experts and cryptocurrency enthusiasts aiming to develop a crypto-based equivalent of a successful traditional finance service that had not yet been introduced to the digital finance sector. In 2018, the team launched the Nexo platform, providing the world’s first crypto credit lines. This innovation enabled digital asset holders to secure fiat and stablecoin loans using their cryptocurrencies as collateral, thereby pioneering the crypto credit niche. For the latest technology news, visit NEWSLINKER.