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NEXO current price is $0.93 with a marketcap of $519.81 M. Its price is 1.75% up in last 24 hours.
The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits.NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform.