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

Nexo and Amber Group executives claim 'exponential' growth in crypto institutional investment

Cryptocurrency Mar 27, 2022 06:20PM ET

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Nexo and Amber Group executives claim 'exponential' growth in crypto institutional investment

During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph's editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled "Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification." Panelists Kalin Metodiev, co-founder and managing partner at Nexo, and Dimitrios Kavvathas, chief strategy officer at Amber Group, focused on the opportunities that institutional investors perceive in the blockchain and crypto space, both in Africa and globally.

Nexo is a crypto borrowing and exchange platform that recently began offering crypto custodial services, products and lending services to institutional investors, in partnership with the crypto wing of Fidelity Investments, which is called Fidelity Digital Assets. Crypto trading firm Amber Group recently secured a $200 million investment, which increased its valuation three-fold to $3 billion after a big investment from Singaporean Temasek Holdings.

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