Nexo
EU-based crypto lending and earn platform. Offers high-yield savings on stablecoins. Licensed in EU jurisdictions.
CeFiPartially LicensedEst. 2018EU (Bulgaria / Switzerland)
B
72/100
Low Risk
Safety Score Breakdown
Regulatory Compliance13/20
Security Infrastructure16/20
Track Record13/20
Transparency14/20
User Protection16/20
🏛Regulatory
Licenses
EU crypto license (Lithuania), Swiss SRO membership
Regulators
Bank of Lithuania, FINMA (Swiss via SRO)
HQ
Zug, Switzerland / Sofia, Bulgaria
🛡Security
Proof of ReservesYes
Cold Storage95%
InsuranceCustodian insurance via Ledger Vault ($375M coverage)
Certifications
SOC 2 Type II, ISO 27001
📊Track Record
Years Operating7
Security BreachNo
Legal Issues
SEC & state AG investigations (2022) re: Earn Interest Product
Settled with state regulators ($45M)
🔍Transparency
Public AuditsYes
Audit FirmArmanino
Public TeamYes
Public FinancialsNo
Stablecoin Rates at Nexo
USDC12%
1-month fixed (12%), Flex (8%)
USDT12%
1-month fixed (12%), Flex (8%)
Risk scores are based on publicly available information and updated periodically. This is not financial advice. Always do your own research before depositing funds with any platform.