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Crypto Lender Nexo’s Co-Founders Rebuff Insolvency Speculation
Nexo Inc. officials rebuffed speculation that the crypto lender is headed for bankruptcy on the heels of other high-profile insolvencies in the digital-asset industry. The co-founders of Nexo addressed a series of inquiries during an ‘Ask-Me-Anything’ YouTube video on Tuesday. An anonymous user asked Antoni Trenchev and Kalin Metodiev whether their lending platform could be the next Celsius Network Ltd. or Voyager Digital Ltd., both of which filed for bankruptcy earlier this year. “Insolvency, bankruptcy are nowhere in Nexo’s reality,” Metodiev said. “We work very hard that we deliver a very strong and ... (full story)