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Nexo — NFT Lending and High Yield Savings

Modern Finance

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Introduction

Nexo is an absolute juggernot with three point five million plus registered users, forty plus fiat currencies that they support. They're available in over 200 plus jurisdictions. Nexo has figured out a really interesting mechanism, using both centralized loans and then also defy products in combination to generate higher yield. The other thing that's really cool is their starting to get into nft lending, meaning that you can come in, bring your cryptopunk, breed your board ape, and i'm sure many others soon, and receive a loan against it.

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