Nexo Launches Industry-First Personal USD Accounts

Twitter icon  •  Published 2 hours ago  •  Hassan Maishera

Digital assets platform Nexo has launched the crypto industry’s first Personal USD Account, allowing users to access USD bank transfers directly to and from their accounts.

Nexo, a premier digital assets wealth platform, announced on Monday, November 25th, that it has launched the industry's first Personal USD Accounts, bringing clients in over 150 countries a seamless and familiar way to access USD bank transfers directly to and from their accounts, all in their name. 

In a press release shared with Cryptowisser, Nexo added that it now uniquely offers USD, EUR, and GBP accounts in clients’ names, providing personal multi-currency management in one platform — a service unmatched in the industry.

This latest development is a crucial step in Nexo’s long-term roadmap to introduce innovative ways for its clients to grow, manage, and spend their digital asset wealth while solidifying the company’s position as a leader in providing a seamless and intuitive experience.

The launch of Personal USD Accounts enables Nexo to empower clients to top up and withdraw USD through bank transactions directly in their name, creating an unparalleled customer journey that meets the needs of institutional and high-net-worth customers for transparent, user-friendly solutions.

Unmatched client benefits and broader market impact:

  • Effortless Transfers: Personal USD accounts, held in clients' names allow direct USD operations to and from their account, ensuring fast and easy access to funds.

  • Transactions directly in the client’s name: Nexo offers unmatched transparency and visibility.

  • Global transfers simplified: Nexo’s seamless SWIFT integration benefits clients, enabling secure, efficient cross-border transactions that meet the demands of today’s globalized financial landscape.

  • Unified multi-currency approach: Nexo is the first digital asset platform to offer USD, EUR, and GBP personal accounts directly in the client’s name within a single platform, simplifying multi-currency management with a unified view and streamlined tracking.

  • Domestic transfers coming soon: To further broaden its offering, Nexo will shortly introduce ACH and Domestic Wire capabilities, providing fast, cost-effective services that enhance flexibility and control over domestic bank operations.

While commenting on this launch, Elitsa Taskova, Chief Product Officer at Nexo, stated that,

“Nexo delivers the independence, transparency, and security that investors deserve for USD top-ups and withdrawals via bank transfers. This major milestone is the latest testament to the powerful synergy between traditional finance and the digital asset space and enables millions to experience USD bank transfers in a familiar way, offering everyday simplicity.”

This latest development marks a strategic advancement in Nexo’s commitment to enhancing digital wealth solutions. Clients can now enjoy even smoother processing, reduced hassle, and a consolidated approach to transferring their assets, setting a new standard in the maturing digital asset industry.

Nexo is a premier digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. The company’s mission is to lead the next generation of wealth creation by focusing on customer success and delivering tailored solutions that build enduring value, supported by 24/7 client care.

Over the last six years, Nexo has provided unmatched opportunities to forward-thinking clients in over 200 jurisdictions. With over $7 billion in AUM and $320 billion processed, we bring lasting value to millions worldwide. Their all-in-one platform combines advanced technology with a client-first approach, offering high-yield flexible and fixed-term savings, crypto-backed loans, sophisticated trading tools, and liquidity solutions, including the first crypto debit/credit card. Built on deep industry expertise, a sustainable business model, robust infrastructure, stringent security, and global licensing, Nexo champions innovation and long-lasting prosperity.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.