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Crypto Lender Nexo Moves to Disband UK Subsidiaries

Crypto Lender Nexo Moves to Disband UK Subsidiaries
Crypto lending firm Nexo is making efforts to disband two of its subsidiaries in the United Kingdom. The units are Nexo Financial Services Limited and Nexo Clearing, according to a regulatory filing with the UK Companies House seen by Bloomberg. However, Antoni Trenchev, Nexo Co-Founder, told the outlet that the firm is not planning to exit European country. Instead, the firm says it is conducting “some restructuring” and “rethinking” the way it delivers its services to clients.Nexo Battles Pros... Read More
Posted: May 11 2023, 21:20
Author Name: financemagnates
Views: 102299

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