About Antoni Trenchev: Antoni Trenchev is the co-founder and managing partner of Nexo, a provider of instant crypto credit lines. He studied finance law at King’s College London and Humboldt University of Berlin. As a member of Bulgaria’s parliament, Trehchev advocated for progressive legislation to enable blockchain solutions for a variety of e-government services, most notably e-voting and the storage of databases in a distributed ledger.
Co-founder and Managing Partner Antoni Trenchev joins Yahoo Finance Live’s hosts Akiko Fujita and Zack Guzman in discussing Nexo’s growth, business model sustainability and crypto regulations.
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What Is Nexo (NEXO)?
Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) or XRP (XRP) — as collateral to receive a loan in the form of a fiat currency or stablecoin.