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Nexo rolls out $150m

Nexo has launched Nexo Ventures, an in-house Web3-focused investment and acquisition fund.

Nexo has launched Nexo Ventures, an in-house Web3-focused investment and acquisition fund. The fund will invest $150million in early-stage Web3-focused projects.

PRESS RELEASE

LONDON, March 23, 2022 — Nexo, the leading regulated institution for digital assets, today announced the launch of Nexo Ventures, its in-house Web3-focused investment and acquisition fund. Nexo Ventures is committed to accelerating the development and adoption of blockchain technology and will invest $150 million in long-term commitments in a wide range of early-stage retail and institutional projects synergetic to Nexo’s core businesses.

Nexo Ventures will focus on five key areas for investment:
Web3
DeFi Innovation
Metaverse, NFTs & GameFi
Payments & Trading Infrastructure
Compliance Solutions

Nexo Ventures will be led by Tatiana Metodieva, CFA, Nexo Head of Corporate Finance and Investments.

“At Nexo, we believe that blockchain technology will transform the way we connect and use financial services,” said Tatiana Metodieva, CFA. “Our mission is to elevate entrepreneurs who help push the crypto revolution forward. Nexo Ventures aims to 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 asset industry and technology. We prioritize strategic investments and aim to integrate innovative solutions into Nexo’s product ecosystem and across our global market footprint. We explore the feasibility of enabling Nexo’s users to invest alongside us, thereby leveraging our capabilities to facilitate investor diversification and wealth maximization.”

Nexo’s investment team, leading up to the launch of Nexo Ventures, has made key investments in the following digital asset ecosystem projects, among others: 1inch, BCB Group, BlockFills, Bware Labs, Interlay, Mizar, Qredo, Rain, Texture Capital, The TIE, and Yield Protocol.

Nexo is a leader in MetaFi and, in December 2021, through a partnership with Three Arrows Capital, became the first crypto lender to accept NFTs as collateral for loans, establishing a market and providing liquidity to those who prefer to HODL their blue-chip NFT investments.

To learn more and to apply for funding, visit nexo.io/ventures.