Nexo Launches Industry-First USD Personal Accounts

Nexo, a leading digital asset investment platform, has announced the launch of the industry’s first personal USD accounts. This new service allows customers in over 150 countries to seamlessly make bank transfers to and from their personal USD account in their name. Nexo is now the only platform offering USD, EUR, and GBP accounts directly in the customer’s name, enabling users to manage multiple currencies on a single platform—a service unprecedented in the industry.

This milestone marks a turning point in Nexo’s long-term plans, offering customers innovative ways to grow, manage, and spend their digital asset investments, while solidifying the company’s leadership position with an intuitive and comprehensive user experience.

With personal USD accounts, Nexo empowers clients to load and withdraw USD via bank transfers directly in their name, creating a unique customer experience that meets the needs of both institutional and high-net-worth clients looking for transparent and easy-to-use solutions.

Unmatched Benefits for Clients and Greater Market Impact:

  • Easy Transfers: With personal USD accounts in their name, clients can make direct dollar transactions from and to their accounts, ensuring quick and simple access to funds.
  • Direct Transactions in the Client’s Name: Nexo offers the best transparency and visibility for users.
  • Simplified International Transfers: The seamless integration with SWIFT is a major advantage for customers, allowing for secure and efficient cross-border transactions that meet the demands of today’s global financial landscape.
  • Unified Multi-Currency Approach: Nexo is the first digital asset platform to offer personal accounts in USD, EUR, and GBP directly in the client’s name on one platform, simplifying multi-currency management with a unified view and easy tracking.
  • ACH Transfers Coming Soon: The upcoming addition of ACH transfers will provide fast and cost-effective services, offering more flexibility and control for banking operations.

“Nexo provides the independence, transparency, and security that investors deserve for their deposits and withdrawals through bank transfers. This achievement is the latest evidence of the powerful synergy between traditional finance and the digital asset space, enabling millions of people to make everyday USD bank transfers simply,” said Elitsa Taskova, Chief Product Officer at Nexo.

The launch of Nexo’s personal USD accounts represents a strategic advancement in the commitment to improving digital investment solutions. Clients can now transfer their digital assets through an even smoother process, with fewer complications and a consolidated approach. This sets a new standard in the rapidly evolving digital asset sector.

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