Cryptocurrency

Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment By Cointelegraph



Throughout the eighth version of the Blockchain Africa Convention 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a digital panel titled “Cryptocurrency Institutional Investment: Rising Returns and Enhancing Diversification.” Panelists Kalin Metodiev, co-founder and managing associate at Nexo, and Dimitrios Kavvathas, chief technique officer at Amber Group, targeted on the alternatives that institutional buyers understand in the blockchain and crypto house, each in Africa and globally.

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Nexo is a crypto borrowing and change platform that lately started providing crypto custodial companies, merchandise and lending companies to institutional buyers, in partnership with the crypto wing of Constancy Investments, which is known as Constancy Digital Belongings. Crypto buying and selling agency Amber Group lately secured a $200 million investment, which elevated its valuation three-fold to $3 billion after an enormous investment from Singaporean Temasek Holdings.

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