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Cryptocurrency News Articles

Nexo Awarded Most Exciting Payments Solution of 2025 by INATBA

Jan 30, 2025 at 11:06 pm

Nexo is awarded the Most Exciting Payments Solution of 2025 in the ceremony of the INATBA Awards. In this well-deserved commendation, the impacts of cutting-edge Nexo Card on the future of crypto payments is highlighted.

Nexo Awarded Most Exciting Payments Solution of 2025 by INATBA

Cryptocurrency platform Nexo has been awarded the ‘Most Exciting Payments Solution of 2025’ by the International Association for Trusted Blockchain Applications (INATBA) at the INATBA Awards ceremony.

The award was given in recognition of the significant impact that the Nexo Card has had on the future of crypto payments. Over the past year, the card has seen a remarkable 200% increase in first-time users and a 96% rise in transactions.

With this achievement, Nexo aims to continue reinventing digital asset finance. The Nexo Card, which was launched in partnership with Mastercard, is the first-ever crypto card with dual-functionality. It allows users to seamlessly switch between Debit and Credit modes.

The Debit mode enables users to earn up to 14% annual interest on their crypto assets as they spend, while the Credit card mode provides up to 2% cashback when utilizing crypto assets without selling them. These exciting features have contributed to a 103% transaction growth in Debit Mode.

The rapid growth of the Nexo Card has made it a strategic financial tool for deploying. Nexo Card is also credited with inventing the digital finance future.

Elitsa Taskova, CPO of Nexo, expressed her gratitude for the recognition, stating, “We’re honored by INATBA’s recognition. The Nexo Card exemplifies our commitment to bridging the sophistication of private banking with the innovation of crypto finance. This is just one of many advancements redefining digital asset payments, and we are continuously pushing the boundaries of what’s possible.”

As a proud member of INATBA since 2023, Nexo aims to shape the financial services of blockchain. This strategic move will solidify the company’s position in the rapidly growing landscape of digital payments.

With award-winning solutions like the Nexo Card, the company aims to expand its global presence. In the upcoming years, Nexo will strive to revolutionize the management and utilization of digital assets by users.

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Other articles published on Jan 31, 2025