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Nexo Wins Most Exciting Payments Solution Award at INATBA Awards 2025

Nexo's innovative Nexo Card earns top recognition at the INATBA Awards, showcasing its impact on crypto payments and record-breaking user adoption.
Published on 2025-01-30

Nexo Honored at INATBA Awards 2025

Nexo, a leading digital assets wealth platform, has been awarded the Most Exciting Payments Solution of 2025 at the prestigious INATBA Awards. This recognition highlights the Nexo Card’s transformative impact on the future of crypto payments, alongside its remarkable 96% increase in active users.

The Nexo Card: A Breakthrough in Crypto Payments

The Nexo Card, launched in collaboration with Mastercard, is the world’s first dual-mode crypto card. It allows users to seamlessly switch between Debit and Credit modes with a single tap. In Debit Mode, users can spend their crypto assets while earning up to 14% annual interest. In Credit Mode, the card enables spending without selling crypto holdings, offering up to 2% crypto cashback on purchases.

Record-Breaking Growth and Adoption

The Nexo Card’s success is underscored by:

  • A 200% year-on-year increase in first-time users.
  • A 96% surge in transactions between November 2023 and November 2024.
  • A 103% growth in Debit Mode volume, solidifying its position as a preferred tool for everyday spending.

Commitment to Innovation and Expansion

Elitsa Taskova, Nexo’s Chief Product Officer, emphasized the company’s dedication to bridging private banking sophistication with crypto innovation. Nexo’s forthcoming global expansion, enhanced crypto-to-fiat conversion, and AI-driven spending insights are set to further accelerate growth.

Nexo’s Role in Shaping Blockchain’s Future

As a proud member of INATBA since 2023, Nexo continues to collaborate with industry leaders, policymakers, and regulators to advance blockchain-powered financial services. This award reinforces Nexo’s position at the forefront of crypto payments innovation.

About Nexo

Nexo is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. With over $11 billion in AUM and $320 billion processed since 2018, Nexo offers high-yield savings, crypto-backed loans, trading tools, and the first-ever crypto debit/credit card. Its all-in-one platform combines advanced technology with a client-first approach, delivering tailored solutions for enduring value.

Nexo’s recognition at the INATBA Awards is a testament to its leadership in redefining digital asset payments and driving the adoption of blockchain technology worldwide.

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