Day: May 1, 2018

Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform

May 1, 2018

Cryptocurrency startup Nexo, which is backed by TechCrunch founder Michael Arrington, has launched a cash-based lending platform. Announced Monday, Nexo provides loans or extends a line of credit using its own assets, said managing partner Antoni Trenchev. To that end, the startup raised $50 million from investors, which will be used to provide liquidity to the company’s […]

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