Sofia, 29. April 2021: Nexo — the leading digital finance institution with over $15 billion in assets under management, is one of the top companies in Bulgaria according to the prestigious Forbes Business Awards. The leader in creating the benchmark for digital assets banking services earned the first place in the ‘Finance’ sector in the most contested ‘Company 2021’ category with 56 nominated organizations.

‘We did achieve so much in three years and the road was long and hard. From a handful of enthusiasts sharing a bold idea we grew into the world’s leading digital assets institution. We are proud to have created an entirely new market and every day more than one and a half million clients from across the world reap benefits from our innovative products that are conceptualized and developed by Bulgarians. More importantly, we proved that one can achieve a global success from Bulgaria without having to relocate to New York or California. We believe that the positive example is contagious and our accomplishment will lead to an avalanche of start-up success stories,’ said Alexander Pochinkov, VP of Engineering. ‘We’d like to thank the jury for the high evaluation, Forbes and Ernst & Young for the great organization, and Nexo team for the zeal in pushing the entire industry forward – the best is yet to come!’

Nexo products provide digital assets holders with banking services. Pioneering the blockchain finance, the company offered the first ever Instant Crypto Credit Lines™ in 2018 which have become immensely popular by combining access to liquidity with ownership over one’s assets. Following the product’s huge success Nexo launches the high-yield Earn on Crypto & Fiat savings products, the first crypto credit card and Nexo digital asset exchange. Currently the company is building out a complete prime brokerage suite for its institutional clients. Nexo team tripled in the last year reaching almost 200 top specialist and keeps growing with IT, legal, trading, marketing and finance experts.

All these successes bring Nexo closer to accomplish its mission – create the bank of the future with its own services and financial solutions which end consumers and institutional clients across the world expect from the 21st century bank experience.

About Nexo

Nexo is one of the world’s leading digital assets institutions. The company’s mission is to provide an A-Z suite of bank services by maximizing the benefits of cryptocurrencies with the first Instant Crypto Credit Lines in the world, the high-yield Earn, Send & Pay savings products and Nexo digital asset exchange while providing the top-tier $375 billion custodial insurance and military-grade security of the Nexo Wallet. Nexo has $15+ billion under management for more than 1.5 million users across 200+ jurisdictions and has processed $30+ billion since its foundation in 2018. Official website: https://nexo.io. Official career website: https://nexo.careers/