Nexo in Miami: Crypto interest account giant talks DeFi, institutional adoption
Cointelegraph
Published Jun 12, 2021 12:17PM ET
Updated Jun 12, 2021 02:00PM ET
While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from $20 billion at the start of 2021 to $157 billion at May peaks — centralized crypto financial services have likewise enjoyed explosive growth.
According to Kalin Metodiev, CFA and co-founder at Nexo, the crypto savings account company has grown fourfold to $15 billion in AUM, expanded to 1.7 million clients, and has new features like asset swap functionality built into the platform coming down the pipe.
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Written By: Cointelegraph
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