WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Facebook X (Twitter) LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Bitcoin (BTC) $26,435.08 0.70%Ethereum (ETH) $1,613.81 1.27%BNB (BNB) $212.39 0.27%XRP (XRP) $0.496654 0.17%Cardano (ADA) $0.244401 0.12%Solana (SOL) $19.23 1.38%Dogecoin (DOGE) $0.060665 0.11%Polkadot (DOT) $4.00 0.16%Shiba Inu (SHIB) $0.000007 0.55%Dai (DAI) $1.00 0.04%TRON (TRX) $0.084581 0.38%Polygon (MATIC) $0.509252 0.00%Avalanche (AVAX) $9.05 0.28%Uniswap (UNI) $4.27 0.35%Litecoin (LTC) $63.66 0.19%
Crypto Prices
WebsCrypto
Business

Nexo Is Partnering With Citibank to Integrate Crypto Lending Platform

By WebsCryptoJune 23, 20221 Min Read
Nexo Is Partnering With Citibank to Integrate Crypto Lending Platform
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Digital asset firm Nexo said in a blog post that it is working with banking giant Citi to integrate other crypto lending platforms hit by the recent market downturn.

Nexo stated that the crypto space is about to enter a phase of mass consolidation, with remaining solvent players, such as Nexo, ready to acquire assets of companies with solvency issues in order to provide immediate liquidity.

Advertisements

Nexo is working with Citibank to ensure best-in-class advice on all acquisitions and liquidity restructuring transactions in order to help distressed investors get their money back as quickly as possible. This goes a long way towards restoring trust in the encryption system, and Nexo’s strong financial position enables it to commit to playing a role in it.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
WebsCrypto
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

WebsCrypto is your best bet for the latest crypto news from around the world.

Recommended Reading

Business September 27, 2023

Grayscale Faces Fee War in US Bitcoin ETF Race

Business September 24, 2023

Crypto Companies Shift Focus Outside the U.S. Amid Regulatory Pressures

Business September 22, 2023

PayPal Brings PYUSD Stablecoin to Venmo

Business September 17, 2023

FTX’s $3.4 Billion Liquidation Plan and Its Impact on the Cryptocurrency Market

Business September 15, 2023

Nasdaq Executive Says Blackrock’s First Bitcoin ETF Eejection Was ‘Purely Procedural,’ Not Final

Business September 15, 2023

Binance.US Faces Growth Challenges Amid Regulatory Concerns and CZ’s Stake

The Latest
News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

News September 27, 2023

Federal Reserve Report Explores Financial Stability Implications of Tokenized Assets, Citing Growth and Interconnectivity Concerns

Business September 27, 2023

Grayscale Faces Fee War in US Bitcoin ETF Race

Markets September 25, 2023

Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn

Markets September 25, 2023

NFT Market Faces Significant Decline Amidst Broader Crypto Challenges

EDITOR’S CHOICE
Ether (ETH) Prices are Trading at 27% Discount to Fair Value, New Research Shows
Robert Kiyosaki: Cryptocurrency is the Future, Fiat Money is on the Decline
Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn
Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community
News
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Markets
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Price Indexes
  • Market Cap
  • Bitcoin Price
  • Ethereum Price
  • Cardano Price
  • Solana Price
  • Polkadot Price
  • Polygon Price
Services
  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Service
WebsCrypto
X (Twitter) Facebook Telegram LinkedIn RSS
© 2023 WebsCrypto

Type above and press Enter to search. Press Esc to cancel.