The crypto platform Nexo has announced its rebrand, on the occasion of the 16th anniversary of the day of publication of the Bitcoin Whitepaper. Now Nexo has a new look with a new logo, a website, and an improved user interface to reflect its evolution over time.
Nexo: the rebrand of the crypto platform reflects its evolution over time
Nexo, famous crypto platform, has announced its rebrand, including a new logo, website, and an improved user interface.
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“Leading the next generation of wealth. Introducing a bold new look for a new era. The wealth that advances.”
Faithful to its motto of ‘Wealth Forward’, Nexo has decided to implement its new look in honor of the 16th anniversary of the publication of the Bitcoin Whitepaper.
The rebrand is nothing more than a renewal of the Nexo platform, which aims to reflect its evolution from a pioneer of crypto lending.
This rebrand is also a response to the growing interest in the crypto market where, to date, 65% of institutional investors are ready to enter the market, while 72% of retail investors consider crypto essential for wealth building.
Nexo and the rebrand of the crypto platform: “new look for a new era”
In this regard, Kosta Kantchev, co-founder and executive chairman of Nexo, commented:
“Our ‘Wealth Forward’ philosophy positions us as the first major cryptocurrency company to take a strategic step towards a comprehensive digital wealth platform. Our goal is to provide independent and informed investors with smarter and more flexible ways to grow and access their wealth in the digital asset space”
The new logo reflects two key concepts: human resilience, represented by a spiral, and exponential growth, captured by mathematically precise diagonals. In terms of meaning, the first refers to the perseverance and adaptability inherent in human DNA, and the second to the limitless opportunities of digital assets.
The colors used have also been designed to match a modern and active style of Nexo’s clients. The new identity blends soft grays and beiges with energetic greens to seize today’s opportunities.
In addition to the logo design, Nexo has integrated new strategic solutions to adapt to the new needs of crypto-investors, evolved over time.
In this sense, the suite of products of Nexo includes the growth of users’ savings, through a generation of flexible and fixed-term yields and Dual Investment with an easy-to-use interface, accessible 24/7 on all devices.
Not only, for the management of one’s assets, Nexo offers credit lines secured by cryptocurrencies, 1,500 market pairs, crypto futures, Target Price Swap, and advanced analysis allow for alternative growth opportunities.
Finally, the Nexo Card guarantees users the ability to spend their crypto anywhere, while up for grabs, the platform offers customers multi-level loyalty rewards.
The VARA approval in Dubai, the airdrop, and the price of NEXO
In this 2024, exactly last March, the crypto entity of Dubai of Nexo, Nexo Services FZE, obtained the first approval from the Virtual Assets Regulatory Authority (VARA) of Dubai.
Thanks to this approval, the crypto company has started offering a wide range of virtual asset services such as lending, broker-dealer, in a regulated manner in the country.
In addition to its expanding services, Nexo then proceeded in May 2024, to launch an airdrop of its NEXO token worth 12 million dollars. In practice, Nexo offered 10 million NEXO tokens.
The participants in the airdrop had to accumulate points, to use later to claim their share of the prize.
At the time of writing, NEXO is worth $0.97. Looking at its 2024 price chart, NEXO started in January at $0.84, reaching its annual high of $1.54 in March 2024. From mid-June, the price of NEXO began to decline. From August to today, the price range in which NEXO fluctuates is $1.11-$0.92.
