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Nexo Introduces $5,000 Minimum From February to Cater to High-Net-Worth Clients

Nexo is also rolling out a streamlined Savings Hub, ensuring clients with qualifying balances continue earning passive income through Flexible and Fixed-term savings.

Nexo has unveiled a $5,000 minimum balance requirement as part of its transition into a more sophisticated digital asset wealth platform. The change, set to take effect on February 22, 2025, for existing users, aligns with Nexo’s commitment to serving affluent investors. With over $11 billion in assets under management, Nexo continues to expand its reach globally, leveraging its Growth Plan and rebranding efforts to better meet the needs of a maturing crypto market. Drawing inspiration from private banking, the company aims to provide exclusive, industry-leading services for sophisticated clientele.

The $5,000 minimum unlocks benefits such as priority client care, personalized account managers, tax-efficient crypto credit lines, the Dual Mode Nexo Mastercard, and tailored accounts in USD, EUR, and GBP. These enhancements reflect Nexo’s dedication to helping forward-thinking investors grow and preserve their wealth.

“Since 2018, Nexo has consistently introduced industry-first, innovative, and tax-efficient products that drive meaningful value,” said Kosta Kantchev, Nexo Co-founder and Executive Chairman. “Today, our long-term vision to cultivate an exclusive ecosystem for growth-focused investors is a reality.”

Clients maintaining balances above $5,000 gain access to the full suite of Nexo’s premium offerings, including higher loyalty program rewards and bespoke solutions. Those with smaller balances will still benefit from core services like the Nexo Credit Lines, Wallet, Exchange, and Card.

Additionally, Nexo is rolling out a streamlined Savings Hub, ensuring clients with qualifying balances continue earning passive income through Flexible and Fixed-term savings.

With over $320 billion in processed transactions and $1 billion in interest paid, Nexo’s robust track record underscores its position as a trusted platform for both retail and institutional investors. Its mission remains focused on delivering sustainable, tailored wealth solutions for generations to come.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.