• Nexo reportedly bought a stake at Texture Capital Holdings Corporation.
• Nexo will be able to offer more services to U.S. customers through this partnership.
• This investment could also allow Nexo to license brokers.

Nexo is one of the most regulated digital asset institutions. It has acquired Texture Capital Holdings Corporation. Nexo’s strategic investment in Texture Capital (a FINRA member, SEC-registered brokerage-dealer), will open up many opportunities in the future. Reports say that the investment is a part of Texture Capital’s funding round.

Texture Capital is a blockchain-enabled, regulated marketplace for institutional and certified investors. Investors can increase their private capital liquidity. It is one of only a few broker-dealers licensed to trade and issue Digital Asset Securities. Texture Capital is registered in all fifty states and several territories.

Going back, the aforementioned deal is a part of Nexo’s goal to strategically expand its institutional service offerings using an extensive range of partners that specialize in enhanced investment banking services for digital assets like Texture Capital’s Alternative Trading System (ATS) and licensure. Likewise, this partnership will also yield opportunities for Nexo’s premier product suite, while Texture Capital will also have the chance to enhance its offerings with innovative DeFi capabilities using Nexo’s credible solutions in managing crypto assets and unrivalled blockchain expertise.

CFA Head, Corporate Finance and Investments, Nexo Tatiana Metodieva commented on the partnership.

Nexo actively invests across segments and geographies to increase its technological solutions framework and regulatory readiness for 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.

Furthermore, this milestone will also transform Nexo’s investment arm — broadening the lender’s compliance capacity, by initiating potential broker-dealer licensing that is required when offering interest-bearing accounts, exchange products, and even professional trading services to a wider scope of clients in the U.S.

Lastly, CEO and Founder of Texture Capital — Richard Johnson also opined on this matter. He observed:

In our Seed Round, we are pleased to welcome Nexo. Nexo has built a formidable, international crypto-business, and Texture is looking forward to continuing to partner with them to realize our goal to transform capital markets through blockchain technology.

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