Forbes Business Awards 2021: Nexo Is Finance “Company of 2021”

At a ceremony held on April 28, 2021, Nexo — the world’s leading regulated digital assets institution with over $15 billion in assets under management — was recognized as one of Bulgaria’s top companies at the prestigious annual Forbes Business Awards. The company, which carved out the digital assets lending niche, was awarded first place in the “Finance” sector in the “Company of 2021” category. The most competitive category, “Company of 2021” saw 56 organizations nominated across five sectors.

“We achieved a lot in three years, but the road was long and tough. From a few enthusiasts who shared a bold idea, we have grown into the world’s leading digital assets institution. Nexo is proud to have created an entirely new market, where, every day, more than 1.5 million people across the world benefit from a suite of innovative financial products conceived and developed by Bulgarians. We have proved that you can achieve global success from Bulgaria, without having to move to, say, New York or California,” said Alexander Pochinkov, VP of Engineering. “We would like to thank Forbes for the great ceremony, its esteemed jury for the recognition, Ernst & Young for powering the toughest of categories in this year’s awards, and — first and foremost, the Nexo team for pushing the entire industry forward. The best is yet to come!”

Nexo offers digital asset holders a full suite of financial services. A pioneer in blockchain finance, in 2018 the company launched the world’s first Instant Crypto Credit Lines™ — flexible, crypto-collateralized loans that allow access to immediate liquidity while retaining ownership of digital assets. Following on from the success of its flagship product, Nexo launched Earn on Crypto & Fiat, the world’s first crypto credit card, and its own digital assets exchange. Its prime brokerage suite, aimed at institutional investors, is currently under development. Over the past year, the company’s team has tripled to nearly 200 top specialists and continues to grow with the addition of experts in the fields of IT, international law, trading, marketing and finance.

All these successes bring Nexo closer to its ultimate goalto create the bank of the future, which offers retail and institutional clients alike the financial services and solutions that they expect of a 21st century banking experience.