Crypto Lender Nexo has purchased a minority stake in Summit National Bank. This move seems to settle regulatory entanglements by “utilizing Summit National Bank’s regulatory safeguards.” Discover the ...

In a transformative deal for the industry, Nexo has acquired a stake in the bank holding company that owns Summit National Bank – a US federally chartered bank regulated by the Office of the ...

Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC). The deal will enable Nexo to ...

“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. Crypto lending platform Nexo says that its strong balance sheet ...

Nexo, a digital asset firm that describes itself as the “world’s leading regulated institution for digital assets,” has acquired an ownership stake in Hulett Bancorp (DBA Mode Eleven), the parent ...

Nexo, a cryptocurrency firm, announced on Thursday that it isbuying Argentine trading platform Buenbit, which the company ...

Crypto lender Nexo recently acquired a minority stake in Summit National Bank. It's a traditional U.S. federal bank regulated by the Office of the Comptroller of the Currency, like all U.S. banks.