Business

Nexo and Amber Group CEOs Claim ‘Exponential’ Growth in Crypto Institutional Investment According to Cointelegraph



During the 8th edition of the Africa Blockchain Conference 2022, Cointelegraph editor-in-chief Kristina Lucrezia Cornèr moderated a virtual board titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Board members Kalin Metodiev, co-founder and managing partner at Nexo, and Dimitrios Kavvathas, chief strategy officer at Amber Group, focused on the opportunities institutional investors see in the blockchain space. and cryptocurrencies, both in Africa and globally.

Nexo is a cryptocurrency exchange and lending platform that recently started offering Cryptocurrency custody services, lending products and services for institutional investors, in partnership with the crypto arm of Fidelity Investments, called Fidelity Digital Assets. Cryptocurrency trading company Amber Corporation recently secured a $200 million investmenttripled its valuation to $3 billion following a massive investment from Singapore’s Temasek Holdings.