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Nexo not worried about SEC regulation says Founder Nexo not worried about SEC regulation says Founder

Nexo not worried about SEC regulation says Founder

Founder of Nexo believes they are ahead of the curve when it comes to the competition due to their focus on ensuring they are ready for the regulatory day of reckoning

Nexo not worried about SEC regulation says Founder

Cover art/illustration via CryptoSlate

Nexo founder Antoni Trenchev told us they do not worry about SEC regulation as new rules “create opportunities.” Speaking during Paris Blockchain Week, Trenchev explains, in this exclusive interview, how Nexo has acquired licenses that were not required to stay ahead of the regulatory game in the US.

As their competitors have been forced to remove certain products from their US offering, Trenchev states that he has spent “a lot of money and a lot of time and resources” ensuring that Nexo is ready for the “day of reckoning.” He believes that Nexo is ahead of the curve due to its focus on regulation from “day one.”

Trenchev talks about what he is most excited about in terms of DeFi with a focus on the metaverse. He claims that the metaverse will be different from anything that has come before as it is not simply a layer on top of something that exists. It is an entirely new ecosystem in which to work with web3. He hints at some Nexo products concerning NFTs and some unannounced products related to the metaverse.

Posted In: DeFi, Exchanges, Interview

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