Nexo, a cryptocurrency lender, has launched a $150 million venture arm to fund Web 3 startups and acquisitions.
Nexo Ventures stated Wednesday that it will invest in Web 3, decentralized finance (DeFi), non-fungible tokens (NFT), metaverse, and GameFi, as well as payments and trading infrastructure and compliance services.
“Nexo Ventures will also explore the feasibility of enabling Nexo’s users to invest alongside us, thereby leveraging our capabilities to facilitate investor diversification and wealth maximization,” Metodieva said in the statement.
Tatiana Metodieva is Nexo’s head of corporate finance and investments.
