Nexo is a blockchain-based lending platform that offers instant cryptocurrency-backed loans, with a native token, NEXO, that offers users discounts on interest and dividends from the company's profits. Founded by a team with decades of experience in finance and crypto, Nexo aims to solve inefficiencies in the lending market by using smart contracts and an oracle on the Ethereum blockchain to manage loans. Currently serving over a million users in 200+ jurisdictions, Nexo manages over $4 billion in assets and offers institutional lending and consulting services. The company also rewards users with preferential interest rates and higher yields for keeping NEXO in their accounts. With a fixed supply of 1 billion tokens, NEXO can be purchased on various exchanges and traded against fiat currencies and cryptocurrencies.