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Nexo Works With Armanino, Offers Real-Time Attestation Over Digital Asset Holdings

Published 06/10/2021, 10:18 AM
Updated 06/10/2021, 10:30 AM
© Reuters.  Nexo Works With Armanino, Offers Real-Time Attestation Over Digital Asset Holdings

  • Nexo partners with Armanino LLP
  • The partnership will provide real-time attestations over Nexo’s custodial holdings

The Nexo network has partnered with Armanino LLP, one of the largest accounting firms in the U.S. and a global leader in digital solutions. Together they will provide real-time attestations over Nexo’s custodial holdings.

With the help of Armanino’s TrustExplorer attest platform, Nexo will be able to offer its investors and regulators the highest level of security. Specifically, Nexo can provide its users and investors in the network with an interrupted access to industry-standard attest reporting and an updated snapshot of Nexo’s total assets and liabilities.

Furthermore, these attestation procedures performed are in accordance with the standard set by an American Institute of Certified Public Accountants. This includes an open dashboard of assets and liabilities which are all expressed in US dollars. In addition, all other information will be publicly available once the attestation engagement is co...

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