Nexo Rolls Out $150 Million Web3 Capital Investment Nexo Ventures -Breaking
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Nexo Ventures Launches 150 Million Web3 Capital Investment Nexo Ventures- Nexo Ventures is a new venture by the lending company Nexo.
- Nexo Ventures intends to invest in various Blockchain-based projects.
- Nexo teamed up with Three Arrows Capital in December 2021 to create a service that allowed clients to use NFTs to secure loans.
CoinQuora reports that Nexo Ventures is the new internal investment arm of Nexo Ventures worth $150 Million.
Nexo Ventures is investing in institutional and retail startup projects across a variety of sectors including Web3, DeFi and blockchain gaming.
It will also be investing capital in compliance and payment solutions projects.
Nexo Head of Corporate Finance and Investments Tatiana Metodieva said that the capital firm will “drive the continued adoption of digital assets and the expansion of the Web3 ecosystem.”
“Also, our investment value proposition differs from most traditional investment funds. We’re native to and have a deep understanding of the digital asse …
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