DeFi

Nexo not worried about SEC regulation says Founder

Nexo founder Antoni Trenchev informed us they don’t fear about SEC regulation as new guidelines “create alternatives.” Talking throughout Paris Blockchain Week, Trenchev explains, on this unique interview, how Nexo has acquired licenses that weren’t required to remain forward of the regulatory recreation within the US.

As their rivals have been compelled to take away sure merchandise from their US providing, Trenchev states that he has spent “some huge cash and numerous time and assets” guaranteeing that Nexo is prepared for the “day of reckoning.” He believes that Nexo is forward of the curve on account of its concentrate on regulation from “day one.”

Trenchev talks about what he’s most enthusiastic about when it comes to DeFi with a concentrate on the metaverse. He claims that the metaverse might be totally different from something that has come earlier than as it’s not merely a layer on high of one thing that exists. It’s a completely new ecosystem during which to work with web3. He hints at some Nexo merchandise regarding NFTs and a few unannounced merchandise associated to the metaverse.

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