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Nexo Makes Strategic Investment in SEC-Registered US Broker-Dealer Texture Capital -Breaking

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Nexo Makes Strategic Investments in US-Registered Broker-Dealer Texture Capital
  • Nexo made a strategic purchase in FINRA-registered broker/dealer Texture Capital, by acquiring a stake at Texture Capital Holdings Corp.
  • Nexo will be able to offer more institutional services to US investors by partnering with Texture Capital.
  • The investment fosters future potential for broker-dealer licensing which will greatly expand Nexo’s horizons and products in the US market.

Nexo is one of the most regulated digital asset institutions and has purchased a stake in Texture Capital Holdings Corp.. This parent company of Financial Industry Regulatory Authority member Texture Capital, SEC-registered broker/dealer Texture Capital.

This investment is part of Texture Capital’s seed funding round. Texture Capital, founded in 2019, offers a blockchain-enabled, regulated marketplace for accredited and institutional investors. It also helps to increase private capital liquidity. Texture Capital is one of the few broker-dealers that are licensed to trade and issue Digital Asset Securities. It also has registrations in many other territories, as well as all 50 states.

The deal is part of a global strategy to expand Nexo’s institutional service offering through an extensive range of partners specialized in advanced investment banking operations for digital assets such as Texture Capital’s Alternative Trading System (ATS) and licensure. The partnership thus yields opportunities for synergies with Nexo’s premier product suite while Texture Capital gains the potential to enhance its offerings with advanced DeFi capabilities through Nexo’s turnkey solutions for managing crypto assets and extensive blockchain expertise.

Following numerous successful ventures, this consecutive milestone in the evolution of Nexo’s investment arm broadens the lender’s compliance capabilities by opening up potential for the broker-dealer licensing required to offer its interest-bearing accounts, exchange products, and professional-orientated trading services to a wider range of US clients.

Tatiana Metodieva CFA, Head Corporate Finance and Investments for Nexo, weighed in on the partnership.

“Nexo invests actively across geographies and segments to expand its strategic presence, technological solutions framework, and regulatory readiness in the digital asset ecosystem. Texture’s growth strategy, service orientation, and compliance foresight align well with Nexo’s vision for the US market. We expect this partnership to further strengthen Nexo’s commitment to state-of-the-art execution and service to its community.”
“We are delighted to welcome Nexo as an investor in our seed round,”
Richard Johnson is the CEO of Texture Capital and the Founder.

“Nexo has built an impressive, global crypto business, and we look forward to partnering with them as Texture continues to build on our vision to revolutionize capital markets leveraging blockchain technology and DeFi.”

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