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Nexo commits more funds to buyback initiative, NEXO token price takes off

invezz.com

The price of NEXO tokens has jumped to a daily high of $1.15 hours after Nexo announced that it will commit additional funds to its buyback initiative. At press time, NEXO was trading at $1.06 up 5.40% in the past 24 hours. Its Fully Diluted Market Cap has also surged by 5.41% to $1,056,936,666.

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Bitcoin NEXO
$ 1.345

Timeline of Nexo


Crypto Lender Nexo allocates $50M to buyback its native token - CryptoSlate

Crypto lending platform Nexo has allocated $50 million to buy back its native NEXO token as part of an ongoing initiative designed to bolster the stability and profitability of its ecosystem. The post Crypto Lender Nexo allocates $50M to buyback its native token appeared first on CryptoSlate.


NEXO Token Sees Huge Spike After Latest BuyBack Addition - Coingape

Crypto lending platform Nexo had on Tuesday allocated an additional $50 million to the company's buyback initiative. The long-standing initiative from the company last saw the infusion of $100 in May this year.


Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear' - Cryptonews

As the crypto market has entered “a state of fear,” and “nobody can say” whether the bottom is already behind us, major crypto lender Nexo (NEXO) is eyeing possibilities to acquire troubled companies, according to its co-founders.


NEXO Price Crashes 40% In Three Days On Insolvency Rumors - DCForecasts

The NEXO price crashes 40% in three days due to insolvency rumors, with the company saying that it has no exposure to Three Arrows Capital liquidity issues so let's read more today in our latest Nexo news. The NEXO price continued falling as the lending companies continue to be shaken by the crashing market.


Nexo is hiring, says its growth is ‘organic' - Invezz

Despite the market conditions and the swelling contagion fears, Nexo is marching on with its growth ambitions.  Nexo says its plans to hire more staff amid the current bear market is due to its business model. Per the firm, its operations follow a model “designed with sustainability in mind. As such, the platform continues to The post Nexo is hiring, says its growth is ‘organic' appeared first on Invezz.


Crypto is not having a ‘Lehman moment', says Nexo's Trenchev - Invezz

Nexo co-founder and Managing Partner Antoni Trenchev believes the crypto sector is not on the verge of a collapse similar to that witnessed in 2008 with the then financial services giant Lehman Brothers. Trenchev made the comment during an interview with Bloomberg on Thursday. He told “Bloomberg Surveillance Early Edition” that despite the current price The post Crypto is not having a ‘Lehman moment', says Nexo's Trenchev appeared first on Invezz.


Here's why NEXO went up over 60% following Binance listing - CryptoSlate

The native token of crypto exchange NEXO is up 40% on April 29 following the token's launch on Binance. The post Here's why NEXO went up over 60% following Binance listing appeared first on CryptoSlate.


Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High - Bitcoin

NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today's surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world's first


Binance announces listing of NEXO and MOB tokens: how far will they rally? - Invezz

Binance announced the listing of MobileCoin's native token MOB and Nexo's native token NEXO and the tokens started trading on the Binance trading platform at 10:00 UTC. MobileCoin (MOB) is a privacy token built on the Stellar Blockchain that enables instant P2P transactions in a private decentralized manner using its mobile and desktop messaging apps. The post Binance announces listing of NEXO and MOB tokens: how far will they rally? appeared first on Invezz.


Interview with Nexo co-founder Antoni Trenchev discusses credit card launch and more - Invezz

Nexo, one of the leading digital lending platforms, have continued to go from strength to strength, now counting over 4 million customers. Their latest feature was announced recently –  a partnership with Mastercard to launch a crypto-backed credit card. This may sound familiar, but Nexo's offering is different, as it allows customers to use the The post Interview with Nexo co-founder Antoni Trenchev discusses credit card launch and more appeared first on Invezz.

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