Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment -Breaking
During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Kalin Metodiev was co-founder of Nexo and is managing partner. Dimitrios Kavvathas is chief strategy officer at Amber Group. They discussed the potential opportunities for institutional investors in crypto and blockchain space in Africa.
Nexo is a new crypto lending and exchange platform. Crypto custodial, product and lending servicesInstitutional investors in partnership with Fidelity Investments’ crypto wing, Fidelity Digital Assets. Firm for crypto trading Amber Group secured $200 million in investmentThe company’s valuation grew three-fold to $2 billion following a major investment from Temasek Holdings, Singapore.
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